AZ-COM Maruwa to Pay 2,300 Delivery Contractors in JPYC Stablecoin

AZ-COM Maruwa plans JPYC payments for delivery partners

AZ-COM Maruwa Holdings, a major Japanese logistics company that handles much of Amazon Japan's last-mile delivery, plans to pay about 2,300 transport contractors using JPYC, a yen-pegged stablecoin. The contractors include individual truck drivers and carriers who now receive payment through conventional bank transfers. The company announced the plan on 20 July 2026. Under the proposal, settlements that currently move through the banking system would instead run on-chain in JPYC, a token pegged one-to-one to the Japanese yen.

The rollout would be a first for JPYC in Japan

AZ-COM Maruwa said the move is expected to be the first large-scale corporate use of JPYC in Japan. The token launched only in late 2025, so the deal would give it its largest commercial use so far. The company frames the switch as a way to attract and retain delivery partners in a tight labour market. AZ-COM Maruwa is one of the country's larger last-mile delivery operators, so the plan reaches a broad contractor network. Faster settlement is the main draw for drivers who rely on steady cash flow.

Prompt, fee-less payments drive the switch

The company aims to attract contractors with prompt, fee-less payments and shorter waiting times. Traditional bank transfers can carry fees and settlement delays, which slow cash flow for small carriers. Routing payments in JPYC would let AZ-COM Maruwa pay partners more frequently and without transfer costs. The company also expects the change to reduce cash flow cycles for its partners. The firm plans to commit more than 1 billion yen, about $6.2 million, as part of a business alliance with JPYC Inc. It is also considering a formal partnership with the stablecoin issuer.

JPYC launched in 2025 under Japan's payments law

JPYC Inc. launched the token on 27 October 2025 as the first yen-backed stablecoin approved by Japan's Financial Services Agency under the revised Payment Services Act. The stablecoin is pegged one-to-one to the Japanese yen and runs on the Ethereum, Avalanche and Polygon networks. Its approval under Japanese law lets companies use it for regulated payments rather than as a speculative asset.