JPYC partners with SBJ Bank and LINE NEXT to test bank account-linked top-up feature

October 21 — Yen stablecoin issuer JPYC announced that it signed a memorandum of understanding with SBJ Bank and LINE NEXT on October 20 to conduct a proof of concept (PoC) for a bank account-linked top-up feature. The three parties will combine SBJ Bank's account infrastructure, LINE NEXT's Unifi digital wallet, and JPYC's issuance and redemption functions to verify the technical and operational feasibility of the top-up process between bank accounts and stablecoin wallets.