JPYC Stablecoin Surpasses XRP Trading Volume on Upbit

JPYC, a yen-pegged stablecoin traded on Upbit, has surpassed XRP in trading volume, with JPYC's trading volume reaching 30 billion won as of 10:30 a.m. KST on April 18. The coin, which began trading yesterday, saw its price surge to 37 won before dropping 75% to 8.96 won currently. Domestic investors have shown strong interest in JPYC, with its volume exceeding XRP's 1.239 billion won.