BlockBeats News, March 2 — Japanese yen stablecoin issuer JPYC has signed a strategic memorandum of understanding with Sony Bank and its Web3 subsidiary BlockBloom. The parties plan to offer real-time bank account transfer functionality on the “JPYC EX” platform, allowing users to purchase JPYC directly from their Sony Bank accounts without manual remittance. Additionally, they will explore collaborations with entertainment IPs such as music and gaming to apply JPYC in digital content purchases and fan rewards.
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