JPYC, a Japanese stablecoin issuer, plans to allocate 80% of its token issuance proceeds to Japanese government bonds (JGBs) and the remaining 20% to bank savings. The company aims to issue 10 trillion yen worth of tokens over the next three years. As of November 12, JPYC has issued nearly 143 million yen in tokens, with 4,707 account holders. This strategic move is designed to bolster the yen's presence in the global stablecoin market, which is currently dominated by U.S. dollar-pegged assets. CEO Noritaka Okabe highlighted that as the Bank of Japan reduces its bond purchases, stablecoin issuers like JPYC could become significant holders of JGBs, potentially impacting monetary policy through market dynamics.