# JPYC CEO Expects Demand to Rise as Japanese Banks Face Disruptions

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/54764
Published: 2026-11-12T01:36:49.000Z
Updated: 2026-11-12T01:36:49.000Z
Section: Business

> GMO Aozora Net Bank suspended some banking API services shortly before Okabe’s remarks, after detecting unauthorized communications.

JPYC Inc. CEO Noritaka Okabe said demand for JPY Coin (JPYC), a regulated yen-pegged stablecoin, would rise as more Japanese banks face service disruptions, including a recent API suspension.

GMO Aozora Net Bank suspended some banking API services shortly before Okabe made the remarks, after detecting unauthorized communications.

JPYC Inc. registered with Japanese authorities as a funds transfer service provider in October 2025.