Lawson Convenience Store Processes Payment of 322 Yen with JPYC

At the Lawson store in Tokyo's Takamawa Gateway City, a payment of 322 yen was processed using the yen stablecoin JPYC on August 6. The transaction was completed in about 5 seconds, and the receipt indicated 'stablecoin.' HashPort stated that this payment marks the first instance of a stablecoin being processed in a Japanese convenience store. The payment was handled on the Polygon network without any additional hardware on existing POS terminals. Customers used the non-custodial HashPort Wallet, while the store managed transactions through 'HashPort Wallet for Biz.' The payment was facilitated by the Canal Payment Service's PAYTREE. HashPort described this transaction as Japan's first 'gas-free' stablecoin payment. However, these two claims have not yet undergone third-party verification. This demonstration was led by HashPort, with participation from KDDI and Lawson, following a basic agreement signed on July 10. JPYC is the first yen stablecoin registered with the Japanese Financial Services Agency, having started issuance on October 27, 2025. Currently, the on-chain circulation amount exceeds 2 billion yen, and the JPYC representative stated that they aim to increase the issuance balance to 10 trillion yen within three years. This demonstration is only open to employees of HashPort, KDDI, and Lawson, and general customers cannot yet make payments with JPYC. The second demonstration is scheduled to take place on August 17 at the Lawson Gateway City Osaki Atrium store.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.