Japanese stablecoin project JPYC announces completion of Series B secondary financing of approximately 2.8 billion yen (about 18.6 million USD), with a total funding amount of about 4.6 billion yen. The funds will be used for ecosystem expansion, system development, and compliance and business capability building. JPYC is a stablecoin anchored to the Japanese yen, currently issued on Ethereum, Polygon, Avalanche, and other chains.

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