TLDR Tech / Crypto
Amazon's Largest Japan Delivery Partner to Pay Drivers in Stablecoin
AZ-COM Maruwa, Amazon's largest delivery partner in Japan, will pay 2,300 carriers and independent contractors in JPYC, a yen-backed stablecoin, in what the companies describe as Japan's first large-scale corporate stablecoin payroll deployment. The rollout reflects Japan's amended Payment Services Act, which since 2023 has permitted licensed entities to issue yen-pegged tokens, giving JPYC a regulatory footing absent in most other major economies. The partnership moves stablecoin payment rails into recurring enterprise payroll at logistics scale, a use case distinct from the crypto-native trading and DeFi activity that has dominated prior stablecoin volume metrics.
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