Notice of Major Update to JPYC EX - Changes to Issuance Rules and Support for Kaia Chain

JPYC Co., Ltd., the issuer of the Japanese Yen stablecoin 'JPYC', has announced a major update to its issuance and redemption platform, JPYC EX. To enhance user convenience, the update changes the issuance limit from 1 million JPY per day to 1 million JPY per transaction. Additionally, the platform now fully supports the Kaia chain, a major Asian layer-1 blockchain ecosystem born from the integration of Klaytn and Finschia. Furthermore, the network conditions during the redemption process have been relaxed, eliminating the need to pre-select network addresses if the sender wallet is already registered.