CEO Noritaka Okabe blamed a 1 million yen per-transaction cap for Type II funds transfer providers, which has slowed corporate adoption. JPYC reached only about a quarter of its circulation target in its first year, with 3.2 billion yen outstanding against 12.1 billion yen issued. CEO Noritaka Okabe blamed a 1 million yen per-transaction cap for Type II funds transfer providers, which has slowed corporate adoption. The weak figures contrast with partnerships including AZ-COM Maruwa, SBJ Bank an…
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