Key Highlights
- AZ-COM Maruwa Holdings will compensate approximately 2,300 truck drivers and contractors with JPYC yen stablecoin
- This represents Japan’s largest corporate implementation of JPYC to date
- A potential 1 billion yen ($6.2 million) equity stake in JPYC Inc. is under consideration
- Instant, zero-fee transactions designed to address Japan’s severe logistics workforce crisis
- JPYC has achieved over 2 billion yen ($12.3 million) in onchain volume since its October debut
AZ-COM Maruwa Holdings, a logistics provider serving major clients including Amazon Japan, is preparing to compensate thousands of truck drivers and contractors using JPYC, a yen-backed stablecoin.
AZ-COM Maruwa to Use JPYC in Japanās First Large-Scale Corporate Rollout
According to Nikkei, major Japanese logistics group and Amazon delivery partner AZ-COM Maruwa plans to use yen-backed stablecoin JPYC to pay approximately 2,300 partner carriers and independent drivers.ā¦ pic.twitter.com/vubH9WH1cv
ā Wu Blockchain (@WuBlockchain) July 19, 2026
The logistics operator plans to deploy JPYC payments across approximately 2,300 business partners, representing the largest corporate implementation of the digital currency in Japan, as reported by Nikkei Asia.
JPYC holds the distinction of being Japan’s first officially registered yen-pegged stablecoin. The platform eliminates transaction fees, enabling quicker and more frequent payments compared to conventional banking systems.
Beyond the payment rollout, AZ-COM Maruwa is exploring a strategic alliance with JPYC Inc., potentially accompanied by an investment exceeding 1 billion yen, approximately $6.2 million.
Addressing Japan’s Logistics Workforce Crisis
Japan’s transportation sector faces mounting labor challenges. An aging driver population combined with tightened overtime restrictions have created significant obstacles for companies seeking to maintain and expand their contractor networks.
Through instant digital compensation via JPYC, AZ-COM Maruwa aims to position itself as a preferred partner for independent truckers and service providers.
“We will continue to advance the integration of logistics and commercial payment flows with JPYC,” said Noritaka Okabe, founder and CEO of JPYC Inc.
JPYC’s Growing Market Presence
Since its October launch, JPYC has demonstrated consistent growth. The stablecoin’s onchain circulation has surpassed 2 billion yen, equivalent to roughly $12.3 million.
This month, Lawson, ranked as Japan’s third-largest convenience store chain, unveiled a trial program allowing shoppers to transact using JPYC.
Metaplanet Ventures, the investment division of bitcoin treasury firm Metaplanet, committed 400 million yen to JPYC Inc.’s Series B funding round in March.
Established financial players are entering the stablecoin arena as well. SBI Group introduced JPYSC in June, branding it as Japan’s inaugural trust bank-supported yen stablecoin.
Japan’s three banking giants ā MUFG, SMBC, and Mizuho ā revealed intentions last month to commence live commercial settlements with a collaboratively issued stablecoin in fiscal 2026.
The AZ-COM Maruwa arrangement signals JPYC’s evolution from consumer and investment applications toward enterprise-scale contractor compensation systems.
Should the investment and collaboration materialize, it would strengthen JPYC Inc.’s relationship with a prominent mid-tier logistics company and potentially establish a framework for comparable agreements throughout the industry.
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