Defi
Yen Stablecoin JPYC Spikes to 4.14 Yen in Debut on Upbit
COINOTAG·September 18, 2026·1 min read
Yen stablecoin JPYC spiked to about 4.14 yen in its Upbit debut on September 17, triggering arbitrage opportunities. The supply surged to 4.26 billion tokens, prompting a temporary halt in minting. The debut drew significant attention from traders seeking to capitalize on the price discrepancy.
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