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Odaily
Yen Stablecoin Issuer JPYC Urgently Suspends Ethereum Issuance Reservations, Cause of Glitch Still Under Investigation
- JPYC Inc. halted Ethereum-network issuance reservations for its JPYC yen stablecoin as an emergency measure.
- The company confirmed a system glitch occurred but has not yet identified the underlying cause.
- JPYC advised users to wait for an official follow-up announcement before attempting further issuance requests.