JPYSC (JPYSC)
CryptoScore Pro global score : 53/100 (computed on 2026-10-30)
JPYSC is a JPY-pegged stablecoin deployed on Ethereum, launched in August 2026 by SBIVC, a Japanese financial entity specializing in blockchain-based yen settlements. Positioned as a low-volatility asset for traders and DeFi protocols operating in Asia, JPYSC distinguishes itself by offering a native yen-backed stablecoin on Ethereum, addressing the demand for a compliant, high-liquidity JPY stablecoin in a market dominated by USD-pegged alternatives. Its deployment on Ethereum’s secure and decentralized infrastructure aligns with institutional demand for transparent, auditable financial instruments, though its adoption remains nascent. The absence of a public whitepaper or detailed technical documentation raises questions about its collateralization mechanism and operational transparency, critical factors for stablecoin trust. With a market capitalization of 128.8 million USD and a circulating supply of 20.4 billion tokens, JPYSC’s valuation suggests a premium over its peg, potentially reflecting limited liquidity or speculative positioning rather than organic demand. Its ranking at 236 by market cap underscores its marginal presence in the stablecoin ecosystem, where USDT and…
Scores by pillar
| Technology | 63/100 |
|---|---|
| Tokenomics | 73/100 |
| Team | 36/100 |
| Adoption | 33/100 |
| Liquidity | 33/100 |
| Compliance | 75/100 |
Market data
| Price | $0.006348 |
|---|---|
| Market cap | $132.05M |
| 24h volume | $0 |
| Market cap rank | #270 |
| 24h change | +0.07% |
| 7d change | -0.68% |
| Blockchain | Ethereum |
| Sector | Stablecoin |
Analysis
JPYSC is a stablecoin, a stable-value asset pegged to the Japanese yen on the Ethereum chain. It uses the ERC-20 standard to facilitate financial settlements in Asia through an undocumented collateralization mechanism. The token serves as a settlement instrument for traders and DeFi protocols, i.e.