PANews March 3 News, according to NADA News, the issuer of the Japanese yen stablecoin JPYC announced that it has signed a strategic business cooperation agreement with Sony Bank to collaborate on services utilizing the JPYC yen stablecoin. Sony Bank’s Web3 subsidiary, BlockBloom, will also participate in this cooperation, aiming to build a seamless new mechanism connecting banking infrastructure, stablecoins, and the entertainment industry.
In terms of specific initiatives, both parties are exploring the provision of real-time account transfer functions on the “JPYC EX” platform offered by JPYC. Once implemented, users will be able to purchase JPYC directly from Sony Bank accounts without additional transfer steps. Additionally, the two sides will explore collaborations with entertainment IPs such as music and gaming, with the goal of creating a new experience that combines payments and fan engagement.
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