Defi
Upbit's JPYC: 21,219 Korean Investors Bought the Yen Stablecoin Above Peg
COINOTAG·September 27, 2026·1 min read
21,219 Korean investors bought the yen-pegged JPYC stablecoin at least 10% above its peg on Upbit, spending about 28 billion yen since its September 17 listing. The buying spree highlights strong demand for yen exposure among Korean traders, pushing the stablecoin's price well above its intended value.
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