Japanese logistics group AZ-COM Maruwa Holdings plans to launch a yen-backed stablecoin to pay its 2,300 partner carriers and private drivers, according to a Nikkei report cited by Crypto Briefing.
Summary
- AZ-COM Maruwa arranges JPYC payments for 2,300 logistics partners in first major business rollout in Japan.
- The logistics group will invest ¥1 billion in JPYC while forming a direct business partnership.
- JPYC is finding widespread use through retail trials, lending projects, and emerging payment infrastructure across the country.
Movement “which is expected to be Japan’s first major corporate JPYC.” The company plans to invest ¥1 billion in JPYC and form a business partnership with the stablecoin issuer. The rollout will move JPYC beyond retail testing and crypto services into a common business payment across a major transportation network.
AZ-COM Maruwa delivers JPYC in transit payments
AZ-COM Maruwa Holdings uses third-party logistics, logistics, warehousing and delivery services in Japan. Its planned use of JPYC will include outsourcing and other payments made to a wide network of transportation partners, including individual truckers.
The reported investment of ¥1 billion also links the asset group directly to the JPYC’s growth. The companies have not revealed a detailed plan for the rollout or explained how each partner will receive, hold or convert the tokens. That performance data will determine how widely drivers and carriers use JPYC instead of immediately redeeming it for yen.
JPYC began issuing its yen-denominated stablecoin on October 27, 2025. The token maintains a one-to-one link with the yen and uses bank deposits and Japanese government bonds as reserve assets. It works on public blockchain networks and can be issued or used with JPYC EX.
The AZ-COM Maruwa program follows other efforts to move JPYC into daily payments. As reported by crypto.news, Lawson is planning to test JPYC payments at the Tokyo store in August through the auction system. The trial will allow customers to pay using a smartphone-connected payment system.
The Japanese stablecoin market adds other use cases
JPYC is also expanding into financial products. As reported by crypto.news, Metaplanet and JPYC recently started studying Bitcoin-backed credit products that could use JPYC to lend and pay. This project examines whether Bitcoin collateral and yen-denominated stablecoin liquidity can work together. The payment infrastructure is developing at the same time. As reported by crypto.news, LINE NEXT plans to support JPYC with Unifi Pay, a stablecoin payment service scheduled for a wider launch in the third quarter. The service is designed to allow Japanese users to top up local stablecoins from bank accounts after identity verification.
The rollout of the equipment will be different for small pilots because it involves thousands of businesses and private pilots receiving payments through the same stablecoin system. If used at the reported scale, it will test the JPYC’s ability to handle regular business transactions rather than one-off retail transactions.
Japan is also tightening regulations on stablecoin reserves as adoption grows. Japanese regulators have set criteria for government bonds to be held as a reserve asset. JPYC said it plans to keep most of its reserves in Japanese government bonds and the rest in bank deposits.
So the planned release of AZ-COM Maruwa comes as JPYC moves into retail payments, credit assessment and a broader payment infrastructure. The ¥1 billion investment adds to the company’s direct commitment, while proposed payments to 2,300 logistics partners will provide the clearest test yet of whether the regulated yen stablecoin can work for everyday business payments.
