TRADOM and JPYC completed Japan's first cross-border stablecoin payment transaction, enabling JPY settlement for domestic firms from overseas stablecoin payments via JPYC EX without holding digital assets directly.
TRADOM Inc. and JPYC Inc. successfully executed a cross-border stablecoin payment transaction based on actual commerce. In this transaction, TRADOM Payment processed the payment from an overseas buyer, which was then converted into Japanese Yen through JPYC EX and settled in local currency. This marks the first case in Japan where a domestic payment service provider led the process of redeeming overseas-paid stablecoins to JPY. The service launched on May 22, 2026. Future plans include API integration to automate JPYC redemption and support real-time, high-volume transactions for cross-border EC and global BtoB payments. TRADOM Co-CEOs Shinichiro Urashima and Shinichi Sakane, alongside JPYC CEO Noritaka Okabe, highlighted that this system resolves traditional cross-border payment challenges like high fees and slow processing times. TRADOM, based in Chiyoda, Tokyo, is a fintech company specializing in foreign exchange risk management solutions, utilizing data science and AI to support global businesses.
FACT BOX
- Source: PR TIMES
- Category: business
FAQ
What is the first-of-its-kind transaction conducted via 'TRADOM Payment'?
It is Japan's first actual business-based transaction where a domestic payment service provider (PSP) processed overseas stablecoin payments and redeemed them into Japanese Yen via JPYC Inc.'s 'JPYC EX' for domestic settlement.
When was this service launched and when was the transaction announced?
The launch of 'TRADOM Payment' was announced on May 22, 2026, and the transaction details were released based on internal research as of June 2, 2026.
What was the flow of the stablecoin settlement transaction?
The flow was: (1) TRADOM Payment processed the overseas stablecoin payment, (2) redeemed it into fiat currency (Yen) via JPYC EX, and (3) settled the payment to the Japanese business in Yen.
What are the future plans for TRADOM and JPYC?
They plan to establish system integration via APIs to automate the redemption process of JPYC, enabling high-volume and real-time cross-border payment processing.
Who represents TRADOM Inc. and where is its headquarters located?
TRADOM Inc. is located at Otemachi Building 4F FINOLAB, 1-6-1 Otemachi, Chiyoda-ku, Tokyo, and is led by Co-CEOs Shinichiro Urashima and Shinichi Sakane.