JPYC, SBJ Bank and LINE NEXT to test bank-account top-ups for stablecoin wallet
- —The memorandum was signed on Oct. 20; the PoC covers the flow from bank account to JPYC credited in the wallet
- —SBJ Bank, part of South Korea's Shinhan group, will provide banking infrastructure
- —JPYC has been issued on Avalanche, Ethereum, Polygon and Kaia since October 2025
- —SBJ Bank and LINE NEXT also agreed a separate strategic partnership on Web3 services
Why it matters: Linking bank accounts to wallets lowers friction for retail yen stablecoin top-ups and could accelerate their everyday use in Japan.
Source: CoinPost