Story thread · 2 reports / 2 sources

JPYC Hit South Korea’s Upbit at 1 Yen and Traders Sent It Flying Past 3

news.bitcoin.com · 4hShare

This week, Japan’s first licensed yen stablecoin, JPYC, landed on South Korea’s largest crypto exchange, Upbit, and promptly shot higher, briefly reaching the equivalent of more than 3 yen. At present, the JPYC/KRW pair ranks among the trading platform’s most active markets. JPYC’s 1:1 Yen Peg Meets Upbit’s Retail Rush Launched under strict national regulations, […]

First report: JPYC Upbit trading delayed three hours to 3 p.m. — crypto.news, 2d