PANews reported on April 20th that JPYC , the issuer of the Japanese yen-denominated stablecoin, announced it has secured an additional 2.8 billion yen (approximately US$17.62 million) in the second phase of its Series B funding round, bringing the total funding for this round to approximately 4.6 billion yen. New investors include NCB Venture Capital , MetaPlanet , TechMira Holdings , and Canal Ventures . The funds will be primarily used for system and application development, recruitment for business expansion, stablecoin issuance and settlement, and strategic investments. JPYC's cumulative issuance has exceeded 2.1 billion yen, growing approximately 2.6 times in the past three months. Its daily trading volume to circulating supply ratio exceeds 100% , and it supports three blockchains: Avalanche , Ethereum , and Polygon , with plans to integrate with Kaia and Arc . JPYC is expanding its partnerships with institutions such as Sony Bank and LINE NEXT , as well as cross-border and AI payment scenarios.