JPYC Hit South Koreas Upbit at 1 Yen and Traders Sent It Flying Past 3

This week, Japans first licensed yen stablecoin, JPYC, landed on South Koreas largest crypto exchange, Upbit, and promptly shot higher, briefly reaching the equivalent of more than 3 yen. At present, the JPYC/KRW pair ranks among the trading platforms most active markets. JPYCs 1:1 Yen Peg Meets Upbits Retail Rush Launched under strict national regulations, []