JPYC Stablecoin Launches on Kaia Blockchain

Japanese yen stablecoin JPYC began issuing on the Kaia blockchain, marking its first expansion onto a new network since obtaining its license.

JPYC Inc. enabled issuance and redemption on Kaia via its JPYC EX platform [1]. Kaia is a layer-1 network formed by the merger of Kakao’s Klaytn and LINE’s Finschia, positioning it as a major ecosystem in Asia [1][3]. The move aims to leverage Kaia’s user base, particularly through LINE’s "Unifi" wallet, to expand access in markets like Korea, Indonesia, and Taiwan [1][3].

The expansion accompanies growth in the issuer’s platform, which reached 19,000 accounts and 3 billion yen in cumulative issuance as of late May 2026 [2][4]. To support larger transactions, JPYC EX relaxed its issuance cap from 100,000 yen per day to 100,000 yen per transaction, though rapid consecutive requests remain restricted for security [2][3].

JPYC is now available on four chains: Avalanche, Ethereum, Polygon, and Kaia [1]. The Kaia integration offers features like one-second transaction finality and gas delegation, which the companies argue is necessary for stablecoin adoption in daily life [3]. Both firms stated they will collaborate on cross-border payments and real-world asset use cases [1].

The success of this integration now hinges on whether Kaia’s massive user base translates into actual transaction volume for the yen-pegged token.