According to CoinMeta, Wu said that he learned that the Japanese yen stablecoin issuer jpyc has completed a Series B financing round, raising approximately 6 billion yen in total. New investors include the logistics group az-com Maruwa Holdings. The funds will be used to expand the financial and Web3 ecosystem, as well as to promote the implementation of jpyc in offline payment, logistics, and integrated capital flow blockchain finance scenarios.