JPYC Corporation has announced the official launch of its yen-denominated stablecoin, JPYC, along with the debut of its issuance and redemption platform, JPYC EX. The stablecoin is pegged 1:1 to the Japanese yen and is fully backed by bank deposits and government bonds. Initially, JPYC will be available on the Avalanche, Ethereum, and Polygon blockchains, providing users with a secure and stable digital currency option.