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JPY Coin

JPYC#762 by market cap

Not covered. The criterion it missed: no roadmap or documentation page linked from the homepage.

JPY Coin is for a stable digital dollar. We have not written its record yet, so its promises are not checked. It trades at $0.0095, #742 of all coins by size, 88% below its highest ever price.

This week Nothing changed on its record.

No stated job or named backing. No dated promises on its pages. Nothing dated ahead. #3 of 4 jpy stablecoins. Nothing to be careful of on the record.

Is it real?

0 of 4tests passeda real job, real backing, something ahead, room to grow
nonenamed backersno investor or index on file
18 monthson the marketsince 26 March 2025
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0 of 4

  • A real-world jobDoes it say what problem it solves, in a category that is not a joke?
  • Real backingA named investor, an index, a major exchange, or a billion-dollar size.
  • Something aheadA dated step, deliveries on record, or demand showing up in the news.
  • Room to growWorth at least four times less than the biggest coin doing the same job, so the gap is real, not a guess.

No named backer

  • Origin26 March 2025about about 18 monthsjpyc.jp, GitHub
  • DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
  • BackingNo named investorNot on a big exchange we track
  • Standing on the recordNo recordNo dated promise to judge yet3 headlines last monthNo corrections needed so far
The gap, and what to do

To be worth what the typical coin in JPY Stablecoin is worth ($56.62M), its price would need to rise 129%, to about $0.0218. To match the leader, JPYSC, 425%.

Still to check

  • No dated promise on record yet, so delivery cannot be judged
  • Listed on fewer than two big exchanges
  • No named investor among its tags
  • Only 3 headlines named it last month

What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.

A gap is not a forecast. Most small coins never close it. The site never picks.

Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.

Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.

Does it deliver?

No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.

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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it

What is next, and when?

Nothing dated has been found on its pages, so there is no date to wait for yet.

How big is it next to its rivals?

#3of 4 jpy stablecoinsthe typical one is worth $56.62M
$24.68Mworth todayprice × coins out
$56.62Mthe typical rival is worthJPY Stablecoin
$129.46Mthe leader is worthJPYSC
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world

A stable digital dollar

194 coins tagged Stablecoins, worth $309.21B together. #90 of 194 by worth.

JPY Stablecoin: this coin against its direct competitors

  • CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
  • JPY Coin$24.68Mthis coin+0.2%no maxno record
  • JPYSC$129.46M5.2× bigger, +$104.78M−0.2%, gap −0.4no maxno record
  • JPY Coin$56.62M2.3× bigger, +$31.94M−0.4%, gap −0.5no maxno record
  • GYEN$6.01M4.1× smaller, −$18.67M−2.5%, gap −2.7no maxno record
Same job, different how

JPY Stablecoin: this coin next to JPYSC, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.

JPY Coin says
Stablecoin project from Japan that is pegged to JPY.
JPYSC says
JPYSC is the first trust bank-backed Japanese Yen Stablecoin issued by SBI Shinsei Trust &amp.

Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.

What it is

Stablecoin project from Japan that is pegged to JPY.

Problem it says it solves: a stable digital dollar. 194 coins are working on it and together they are worth $309,206,725,800. This coin is 0% of that.

Where it trades: Quickswap, Uniswap V3

Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.

Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.

What should make me careful?

Nothing printed today

None of the six tests fails. A missed promise counts only on a record a person has checked.

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Why is it this small?

JPY Stablecoin: this coin next to the group's largest, JPYSC.

JPY CoinJPYSC
Years trading1 year1 months
Major exchanges00
Named backers00
Headlines, last month35
Promises deliveredno recordno record

What it says is different: Stablecoin project from Japan that is pegged to JPY.

It is 19.1% the size of JPYSC, and the facts above do not show why. For that gap to close, the record would need deliveries showing up in its record, news that names it, listings on major exchanges. Nothing here says it will; the site does not predict.

The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.

The homework: the coin itself, the news, the record

The coin itself

$0.0095price of one+0.2% today
88%below its highest ever$0 on 21 September 2025
100%of the supply is out2.6B coins
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The last 7 days

7 days ago: $0.0095now: $0.0095 (+0.5%)

Where today sits against its highest ever price

$0.0095

Highest ever: $0.0796 on 21 September 2025. Today is 12% of that.

100%

of all JPYC that will ever exist is already out in public hands: 2.6B coins.

Nothing is held back. Every coin is already out.

out held back. Each dot is 1%.

Meant to stay at one dollar

Holding it is holding a copy of a dollar. It is not built to rise.

  • Nothing the project's own pages spell out.
$0.0095price of one
×
2.6Bcoins out
=
$24.68Mworth today, #742 of all coins

That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.

Basics
  • 2.6Bin circulation of 2.6B total. No hard maximum is set, so more can be created.
  • 12%of its all-time high of $0.0796 on 21 September 2025. That is −88.1% from the top.
  • #742by market cap, $24,679,305.
  • Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.

Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.

What the news says

3headlines, last monththat name this coin
0about governmentregulation, courts, central banks
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Headlines per day, last 30 days

3 headlines named this coin in the last month.

What they were about

  • Stablecoin3
  • Partnership1
  • Banks1
In the news
What people are talking about, last month:

Headlines are the publishers' own. News is never placed next to price.

The record itself

Not covered. The criterion it missed: no roadmap or documentation page linked from the homepage.

Pages savednot yetno roadmap page found
Promisesnone yetno record drafted
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy