JPYC to launch Japan's first credit card point-to-stablecoin swap service

Yen stablecoin issuer JPYC has announced the launch of Japan's first service for swapping credit card points into stablecoins, set to go live on June 1. Developed in collaboration with Mitsui Sumitomo Trust Club and HashPort, the service will allow holders of Diners Club and TRUST CLUB cards to exchange their reward points for JPYC. The swaps will be conducted through HashPort's non-custodial wallet.