AZ-COM Maruwa Adopts JPYC Stablecoin for Driver Salaries

Japanese logistics company AZ-COM Maruwa Holdings is partnering with yen-backed stablecoin JPYC to pay approximately 2,300 independent contractors and truck drivers.

This move marks Japan's first large-scale corporate adoption of the stablecoin within a business environment.

The logistics firm aims to capitalize on JPYC's instant, zero-fee payment processing, which is expected to appeal to drivers during Japan's transportation workforce crisis.

JPYC's blockchain-based circulation has exceeded 2 billion yen ($12.3 million) since its October debut.