Japanese Convenience Giant Trials Stablecoin Payments Starting August

Source Beincrypto

Japanese convenience store chain Lawson will test payments in a yen-pegged stablecoin at a Tokyo location, marking a key move to bring digital assets to everyday retail checkout.

The trial signals that stablecoins in Japan are edging past finance and remittance into daily consumer spending, where scale could reshape the market.

Follow us on X to get the latest news as it happens 

Japan’s Lawson Brings Stablecoins to the Checkout

Lawson will begin the proof-of-concept trial in early August at its Takanawa Gateway City store in Minato Ward, Tokyo, according to Nikkei. The chain will use JPYC (JPYC), the fully regulated yen-based stablecoin issued by Tokyo fintech JPYC Inc.

According to media reports, Lawson is working with digital wallet firm HashPort on the setup. Shoppers display a wallet barcode on their smartphone, and a staff member scans it with the point-of-sale (POS) terminal. HashPort then updates the customer’s stablecoin balance from the payment data.

Lawson says this is Japan’s first stablecoin payment trial tied directly to a POS system. That link lets the chain fold purchase data, such as item counts and payment times, into its existing store management tools. Lawson plans to check integration stability and transaction speed before deciding on wider rollout.

JPYC launched last year, and its reach has widened since. The token now has a market value of roughly $27 million across roughly 64,400 holders, according to Token Terminal data.

Subscribe to our YouTube channel to watch leaders and journalists provide expert insights

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Gold Price Forecast: Will Gold Rise or Fall in the Short Term as Fed July Minutes Approach? As of the Asian session on August 19, gold prices (XAUUSD) maintained a weak rebound intraday, rising about 0.2% on the day to trade near $4,340. Earlier on Tuesday, gold prices fell near
Author  TradingKey
11 hours ago
As of the Asian session on August 19, gold prices (XAUUSD) maintained a weak rebound intraday, rising about 0.2% on the day to trade near $4,340. Earlier on Tuesday, gold prices fell near
placeholder
WTI rises to near $85.00 amid escalating US-Iran tensionsWest Texas Intermediate (WTI) oil price extends its gains for the fourth consecutive day, trading around $84.80 per barrel during the Asian hours on Wednesday.
Author  FXStreet
18 hours ago
West Texas Intermediate (WTI) oil price extends its gains for the fourth consecutive day, trading around $84.80 per barrel during the Asian hours on Wednesday.
placeholder
WTI consolidates below $84.50, two-week top as bullish bias remains amid Hormuz standoffWest Texas Intermediate (WTI) – the benchmark US Crude Oil price – extends its consolidative price move through the first half of the European session and currently trades near the $84.25-$84.30 area, close to a two-week high set earlier this Tuesday.
Author  FXStreet
Yesterday 10: 12
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – extends its consolidative price move through the first half of the European session and currently trades near the $84.25-$84.30 area, close to a two-week high set earlier this Tuesday.
placeholder
Australian Dollar gains as US Dollar struggles amid fading Fed rate hike betsAUD/USD extends its gains for the third successive day, trading around 0.7110 during the Asian hours on Tuesday. The currency pair continues to appreciate as the US Dollar (USD) remains subdued amid fading expectations for further rate hikes by the Federal Reserve (Fed).
Author  FXStreet
Yesterday 01: 23
AUD/USD extends its gains for the third successive day, trading around 0.7110 during the Asian hours on Tuesday. The currency pair continues to appreciate as the US Dollar (USD) remains subdued amid fading expectations for further rate hikes by the Federal Reserve (Fed).
placeholder
Gold Price Forecast: Gold May Break $4,500 as Fed Rate-Hike Expectations Continue to CoolAs of the European session on August 17, gold prices (XAUUSD) were trading above $4,400, up about 0.7% on the day and reaching an intraday high of $4,416.43, extending last Friday's gains
Author  TradingKey
Aug 17, Mon
As of the European session on August 17, gold prices (XAUUSD) were trading above $4,400, up about 0.7% on the day and reaching an intraday high of $4,416.43, extending last Friday's gains
goTop
quote