PANews March 3 News, according to NADA News, the issuer of the Japanese yen stablecoin JPYC announced that it has signed a strategic business cooperation agreement with Sony Bank to collaborate on services utilizing the JPYC yen stablecoin. Sony Bank’s Web3 subsidiary, BlockBloom, will also participate in this cooperation, aiming to build a seamless new mechanism connecting banking infrastructure, stablecoins, and the entertainment industry.
In terms of specific initiatives, both parties are exploring the provision of real-time account transfer functions on the “JPYC EX” platform offered by JPYC. Once implemented, users will be able to purchase JPYC directly from Sony Bank accounts without additional transfer steps. Additionally, the two sides will explore collaborations with entertainment IPs such as music and gaming, with the goal of creating a new experience that combines payments and fan engagement.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
YOMIRGO Joins Quantra in Strategic Collaboration to Strengthen AI-Based Economy
YOMIRGO has partnered with Quantra to create an on-chain AI ecosystem that tokenizes computing power and energy assets. This collaboration aims to enhance the AI-native economy by linking decentralized infrastructure with AI and Web3 technologies.
BlockChainReporter4h ago
X Money may soon undergo limited external testing, and X Payments has been registered with FinCEN.
Elon Musk reposted a tweet revealing that X Money will revolutionize personal financial management. It has already undergone closed testing within the company and is expected to conduct limited external testing and obtain remittance licenses in multiple states. X Money will enable wallet top-ups, peer-to-peer payments, and bank transfers, with potential future expansion to debit card payments and other financial services.
GateNews4h ago
RedStone has already deployed a price oracle on the Stellar network
The oracle service provider RedStone has deployed a price oracle on the Stellar network, aiming to enhance the network's security and functionality, especially in the fields of lending and tokenized assets. This deployment follows a $10 million vulnerability attack and is intended to provide developers with reliable price data support.
GateNews5h ago
European banking giants join forces: Can the euro stablecoin reshape the global crypto landscape?
The article discusses the background and significance of the Qivalis alliance launching a euro-pegged stablecoin, marking Europe's banking system's response to on-chain finance and aiming to counter the influence of dollar stablecoins. The alliance consists of 12 major banks, emphasizing a robust reserve mechanism to attract institutional investors and promote the application of stablecoins in the digital asset space. The article suggests that future on-chain finance may evolve into a multi-sovereign clearing structure, rather than being centered solely around the US dollar.
PANews6h ago
Backpack announces support for US stock IPO share purchases
Odaily Planet Daily News: According to an official announcement, Backpack, with the support of infrastructure partner Superstate, now supports users to directly purchase US stock IPO shares on Backpack. The purchased shares are all real shares, with ownership directly based on the Solana blockchain.
GateNews6h ago
Leading Fintechs Adopt Ripple Payments to Solve Liquidity Gaps
Ripple Payments now unifies collection, custody, exchange, and payouts into a single cross-border infrastructure platform.
Acquisitions of Palisade and Rail enhance custody automation and virtual account services.
75+ global licenses, including approval from New York Department of
CryptoFrontNews6h ago
