Amazon Japan supplier to pay 2,300 partners using yen-pegged stablecoin JPYC

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Japanese logistics company AZ-Com Maruwa, a supplier for Amazon Japan, has announced plans to adopt the yen-backed stablecoin JPYC for business payments. The firm intends to use the digital currency to pay approximately 2,300 partners, including truck drivers. This initiative is being described as Japan's first large-scale corporate deployment of a stablecoin for payment purposes. The move signals a growing interest among Japanese businesses in integrating digital assets into everyday financial operations.

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