Upbit lists JPY Coin (JPYC)
Upbit, a major South Korean cryptocurrency exchange, opened spot trading for JPY Coin (JPYC) on September 17, 2026 at 09:00 UTC. JPYC is a Japanese yen-pegged stablecoin issued by JPYC株式会社, a money transfer service provider registered in Japan, and trades on three markets against KRW, BTC, and USDT.
Key details
- Exchange: Upbit
- Asset: JPY Coin (JPYC)
- Market: Spot
- Trading pairs: JPYC/KRW, JPYC/BTC, JPYC/USDT
- Date and time (UTC): September 17, 2026 at 09:00
- Source: Upbit official notice
What it means
The listing provides new access and liquidity for JPYC holders and traders in South Korea. JPYC maintains a 1:1 peg to the Japanese yen and can be issued or redeemed at that ratio. Trading began on the Ethereum network with standard price protection measures in place for the first two hours, including buy limits and order type restrictions to ensure stable market opening.
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