TechFlow News, May 13: According to a report by CoinPost, Japanese blockchain infrastructure company Nihon Blockchain Kiban has officially decided to issue the trust-based JPY-pegged stablecoin EJPY. The stablecoin is planned for deployment on both Japan Open Chain (JOC) and Ethereum, with the goal of launching issuance and circulation on JOC within fiscal year 2026. The official announcement states that the trust-based architecture required for EJPY has achieved phased progress. The company noted that EJPY will primarily serve inter-corporate settlements, digital asset payments, fund transfers, and various other Web3 payment use cases, and that it will advance a multi-chain strategy centered on JOC. Specific details—including the actual issuance timeline, issuance terms, partner institutions, and supported blockchains—will be announced separately after consultations with regulators and relevant authorities and completion of all necessary procedures.
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