JPYC Stablecoin Lists on HTX, Experiences Price Volatility
The Japanese yen-pegged stablecoin JPYC began trading on the HTX exchange on September 28, 2026, with a JPYC/USDT trading pair. Following its launch, the market price of JPYC significantly deviated from its 1-yen peg, reaching a high of approximately 0.015368 USDT (about 2.42 yen) shortly after trading commenced. This mirrors recent price volatility observed during its listing on Upbit. JPYC is an electronic payment instrument issued by JPYC Inc., backed by yen deposits and government bonds.
Summaries are written by AI from the original article. Not investment advice.