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CEO Noritaka Okabe urges companies to hold yen-denominated stablecoins, boosting adoption for JPYC.
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Entrepreneur Takafumi Horie, speaking at a WebX 2026 panel session, discussed the shift from a cash-based society to stablecoins and called for the elimination of high-denomination banknotes. Horie stated that there is no reason for paper money to exist now, and pointed out that getting rid of the 10,000-yen note would be one way to reduce cash usage. He also stressed the importance of creating an environment where yen-denominated stablecoins are easy to use, expressing hope that widespread adoption would bring major change to Japan. Noritaka Okabe, CEO of JPYC, who appeared on the same panel, urged companies to start by actually holding yen-denominated stablecoins and recording them on their financial statements.
CEO Noritaka Okabe urges companies to hold yen-denominated stablecoins, boosting adoption for JPYC.