JPYC, an issuer of a Japanese yen stablecoin, has signed a memorandum on a capital and business alliance with AZ-COM Maruwa Holdings, a major company in the logistics sector. The two sides plan to work together on a settlement platform built around JPYC. According to the disclosed information, the project is aimed at addressing labor shortages and rising costs in the logistics industry. The companies also said the planned platform is intended to improve payment efficiency and reduce bank transfer fees. No further financial terms or implementation timeline were disclosed in the brief announcement.
JPYC, a Japanese yen stablecoin issuer, has signed a memorandum on a capital and business alliance with AZ-COM Maruwa Holdings, a major logistics company.
Under the announcement, the two companies will work together to build a settlement platform using JPYC. The effort is intended to respond to labor shortages and rising costs in the logistics industry, while improving payment efficiency and cutting bank transfer fees.
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