Question 1

What is EJPY and who is issuing it?

Accepted Answer

EJPY is a trust-type yen-pegged stablecoin planned by Japan Blockchain Foundation for issuance on Japan Open Chain and Ethereum, targeting business payments, remittances, and Web3 settlements.

Question 2

When will EJPY launch?

Accepted Answer

Japan Blockchain Foundation is preparing for circulation within the 2026 fiscal year (ending March 2027), but the exact launch date depends on ongoing regulatory discussions and trust arrangements that have not been finalized.

Question 3

How does EJPY differ from JPYC?

Accepted Answer

JPYC operates as a Type I electronic payment instrument with a 1 million yen per-transaction limit, while EJPY uses a trust-type (Type III) structure that is exempt from that cap, making it more suitable for large corporate settlements.

Japan Blockchain Foundation

Japan’s stablecoin push gains pace as issuers commit to full rollout

One sharp brief.
Every day.

Japan Blockchain Foundation

Japan’s stablecoin push gains pace as issuers commit to full rollout

One sharp brief.Every day.

One sharp brief.
Every day.