PANews March 3 News, according to NADA News, the issuer of the Japanese yen stablecoin JPYC announced that it has signed a strategic business cooperation agreement with Sony Bank to collaborate on services utilizing the JPYC yen stablecoin. Sony Bank’s Web3 subsidiary, BlockBloom, will also participate in this cooperation, aiming to build a seamless new mechanism connecting banking infrastructure, stablecoins, and the entertainment industry.
In terms of specific initiatives, both parties are exploring the provision of real-time account transfer functions on the “JPYC EX” platform offered by JPYC. Once implemented, users will be able to purchase JPYC directly from Sony Bank accounts without additional transfer steps. Additionally, the two sides will explore collaborations with entertainment IPs such as music and gaming, with the goal of creating a new experience that combines payments and fan engagement.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Coral Finance Taps AurumX to Bolster AI-Led DeFi Liquidity
Coral Finance, a renowned multi-chain DeFi platform, has partnered with AurumX, a prominent DeFi infrastructure entity. The collaboration aims to improve cross-chain DeFi performance and liquidity. As per Coral Finance’s official social media announcement, the development merges the AI-led market in
BlockChainReporter36m ago
Ripple Prime Enters NSCC Directory, XRPL Post-Trade Push
Hidden Road’s NSCC listing links traditional clearing rails with XRPL-based institutional settlement.
Ripple plans to migrate Hidden Road’s multi-trillion-dollar post-trade flows onto the XRP Ledger.
XRPL expands institutional use cases while developers warn users about rising NFT and
CryptoFrontNews1h ago
XRP Ledger Developer Spotlights Biggest RLUSD Liquidity Pool Incentive - U.Today
Developer Panos Mekras highlights the appeal of Ripple USD (RLUSD) and the XRP Ledger through a new incentive program that has attracted $500,000 in liquidity. Despite this, XRP Ledger lags behind Ethereum in DeFi adoption and requires more support for growth.
UToday5h ago
Ripple Targets Traditional Banking With Major Expansion of XRP-Focused Ripple Payments Service - U.Today
Ripple is enhancing its Payments platform by introducing new features like custody management and virtual accounts, integrating traditional finance with digital assets. XRP serves as a bridge for liquidity, enabling instant and cost-effective transactions while underpinning new services on the XRP Ledger.
UToday5h ago
Chainlink Expands Ecosystem with 16 Integrations Across Six Services and Five Blockchains
Chainlink has expanded to 16 additional integrations this week, covering six services across five blockchains, including Arc, Canton Network, and World Chain.
Technical indicators suggest LINK still needs to clear major resistance before a stronger rally can begin.
Chainlink expanded its
CryptoNewsFlash5h ago
Physical gold + blockchain, ushering in a new era of cross-border payments. CNX PAY node partners officially launched on March 5.
CNX PAY is an upcoming next-generation cross-border payment and settlement platform supported by physical gold backing and blockchain technology. It aims to improve payment efficiency and transparency while reducing transaction costs. The platform uses mainstream stablecoins for instant settlement, creating traceable fund flow records, promoting the upgrade of the global payment system, and moving toward a more trustworthy and sustainable future.
TechubNews6h ago
