JPYC vaults
- This stablecoin is likely depegged. The current rate is 108.654 JPYC / 1 USD fetched at .
About JPYC vaults
JPY Coin JPYC is used in 2 stablecoin vaults with $3.6M TVLacross 1 protocol. The largest vaults are Secured Finance JPYC Lender, Steakhouse PaoTech JPYCand the most popular vault protocol is Morpho. The last 30 days' average yield is 9.8%.
1 vault is excluded from this ranking due to minimum TVL requirements or risk issues.
About JPY Coin
JPYC is a Japanese Yen-pegged stablecoin issued by JPYC Inc. It is designed for payments and remittances within the Japanese crypto ecosystem. JPYC is available on Ethereum, Polygon, and other networks.
JPYC is a Japanese Yen-pegged stablecoin issued by JPYC Inc., a Japanese company. It is designed to bring the Japanese Yen on-chain, enabling payments, remittances, and DeFi use cases within the Japanese crypto ecosystem and beyond.
Mechanism
JPYC is issued as a prepaid payment instrument under Japan's Funds Settlement Act, which provides a regulatory framework for its operation. Each JPYC represents one Japanese Yen and is redeemable for prepaid services or exchangeable through authorised channels. The token is available on multiple blockchains including Ethereum, Polygon, Avalanche, Gnosis Chain, and Shiden Network.
Key properties
- Fiat-backed 1:1 with JPY
- Regulated as prepaid payment instrument in Japan
- Multi-chain deployment (Ethereum, Polygon, Avalanche, Gnosis Chain)
- Targeted at Japanese retail and institutional users for digital payments
Sources
Filters
Display
Hide vaults
Performance and risk
The vaults on the listing are limited to the current category. See all vaults.
| 3M price | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Steakhouse PaoTech JPYC Morpho | 9.8% | 3.7% | 1.3% | 7.6 | 0.5% | 0.0% | JPYC | $14.45K $139.24K | 0.7 | 0.0%/ 0.0% | Instant | Negligible |  | ||
Secured Finance JPYC Lender Unknown vault protocol | --- | --- | 0.0% | --- | 0.0% | 0.0% | JPYC | $18.97K $18.97K | 0.04 | 0.0%/ 5.0% | Instant | Unknown |  |
Stay ahead with the best new vaults and essential DeFi updates.
Subscribe to Trading Strategy newsletter