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
Rumble latest financial report: holds 210.82 BTC, Tether commits $150 million for GPU service procurement
Rumble disclosed in its latest financial report that it holds 210.82 Bitcoins and $237.9 million in cash, with liquidity reaching $256.4 million. Tether will pay it $100 million in advertising fees and provide up to $150 million in GPU service procurement commitments to strengthen AI infrastructure collaboration.
GateNews18m ago
Aylab Joins REI Network to Accelerate Scalable Web3 Infrastructure Growth
Aylab partners with REI Network to enhance scalable Web3 infrastructure, focusing on zero-fee gaming, DeFi, and real-world applications. This collaboration aims to attract users and developers by eliminating barriers in the blockchain sector.
BlockChainReporter20m ago
Nasdaq-listed company DeFi Development plans to launch a dividend-bearing stablecoin after investing in Apyx
Gate News Report, March 7 — According to GuruFocus, Solana's treasury company DeFi Development, which is listed on NASDAQ, announced that after strategically investing in the stablecoin protocol development project Apyx, it plans to launch a dividend-bearing stablecoin aimed at introducing transparent returns to the stablecoin market. It is reported that the two parties also discussed topics such as tokenomics, valuation frameworks and development roadmaps, as well as how to utilize the Digital Asset Treasury (DAT) dividend preferred shares.
GateNews2h ago
A certain CEX institutional platform has launched regulated futures trading and a unified cross-margin feature, integrating the spot and derivatives markets.
A certain cryptocurrency exchange announced integration with a CFTC-regulated futures broker, offering around-the-clock trading services for over 20 futures contracts, strengthening bulk trading services, and expanding into stock trading. By utilizing cross-margin mechanisms, it simplifies portfolio management and improves capital efficiency.
GateNews2h ago
New Yorkers can pay their mortgage with Bitcoin
New York City residents can now pay their mortgages using Bitcoin through the Strike platform, which has obtained the necessary licenses. This system streamlines transactions, lowers fees, and reduces the risks associated with price volatility, representing a major step forward in the integration of cryptocurrency into the real estate industry.
TapChiBitcoin3h ago
PancakeSwap responds to accusations of using Curve code, stating they will communicate directly for discussion.
Gate News Announcement, March 7 — In response to Curve Finance's allegations that PancakeSwap appears to have used its Stableswap code without permission and borrowed security practices to safeguard user funds, violating open-source license agreements, PancakeSwap issued a statement saying it will directly contact the Curve Finance team to discuss the matter.
GateNews3h ago
