JPYC has raised 6 billion yen ($38 million) in an extended Series B round to expand its stablecoin ecosystem.AZ COM Maruwa has invested 1 billion yen and plans to use JPYC for payments to about 2,300 business partners and contractors.JPYC is taking part in Lawson’s stablecoin payment pilot as regulated digital payments gain traction across Japan.Metaplanet has backed JPYC through both its funding round and a joint study on Bitcoin backed tokenized credit products.Japan’s stablecoin market continues to expand as financial institutions and major companies roll out regulated blockchain payment projects.