Data: JPYC six-month trading volume is 137 million USD, with Polygon accounting for 66%

By: rootdata|2026/04/09 22:42:01

Since late October last year, the total trading volume of the Japanese compliant stablecoin JPYC has reached 137 million USD, with Polygon dominating at 66% with 90.4 million USD, followed by Avalanche and Ethereum at 26.4 million and 19.7 million USD, respectively.

The founder of Polygon confirmed that Japanese physical stores have supported offline payments with JPYC on the Polygon network.

-- Price

Research has found that an exogenous increase in net inflows of stablecoins significantly widens the price deviation between stablecoins and traditional foreign exchange, leads to depreciation of the local currency, and worsens the financing conditions for synthetic dollars (i.e., increases the doll...

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