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Sumitomo Mitsui Trust Partners With Hashport to Turn Card Points into JPYC Stablecoins

By Sergio Goschenko | 2026-05-29 03:30:54 | 3 months ago

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The announcement constitutes the first initiative of its kind in Japan, allowing users to exchange their loyalty points received for JPYC, Japan’s first onchore yen stablecoin.

The initiative has the potential to bring ¥2.8 trillion to the stablecoin ecosystem, powering massive adoption.

Sumitomo Mitsui Trust Club and Hashport Launch Reward Point To Stablecoin Exchange Program

keywords : Crypto News|Cryptocurrency|Japan

sentiment : POSITIVE

category data : ASIA | EXCHANGE | MINING