Shiden Network starts to support $JPYC

We are really excited to tell you that Shiden Network has started to support $JPYC on their chain from November 1st, 2021.
As a result, $JPYC will be able to be issued and distributed on the Kusama ecosystem, which is expected to further improve the convenience of JPYC as a means of payment.

$JPYC is currently distributed mainly on Ethereum and Polygon, but in order to further increase its convenience as a means of payment, further expansion of the networks that support $JPYC is essential.
That’s why we are pleased to announce that JPYC is now compatible with the Shiden Network, a public blockchain from Japan.

By enabling the issuance and distribution of $JPYC on the Kusama ecosystem, we will contribute to the further enhancement of the value of $JPYC as a means of payment, and accelerate the global expansion of Shiden Network, a public blockchain from Japan.

What Is Shiden Network?

Shiden Network is built on the same code base as Astar Network (formerly Plasm), a public blockchain also from Japan, and is designed to connect to Kusama Network, an experimental network one tenth the size of Polkadot Network.

Polkadot/Kusama does not have smart contract functionality and is focused on connecting different blockchains together.
Therefore, there is a great need and potential for projects that connect to Polkadot/Kusama and support smart contracts, such as Astar Network and Shiden Network. Siden Network has similar functionality to Astar Network and aims to be a hub for distributed applications supporting Ethereum and WebAssembly based smart contracts in Kusama Network.

▼Web page: https://shiden.astar.network/

What You Can Do With This Release ?

With this release, from now, you all can use our pre-paid stable-coin $JPYC on Shiden Network.

As mentioned earlier, this will lead to greater potential as a payment, which in turn will allow for the creation of more payment opportunities while providing significant benefits such as lower fees.

Where You Can Buy $JPYC ?

$JPYC is available at the JPYC Sales Office in the official JPYC Apps.
(If you want to buy it right now, please click the link below.)
▼JPYC Apps : https://app.jpyc.jp/

You can purchase them by selecting “Shiden Network” in the remittance destination network.

Our Twitter: https://twitter.com/jpy_coin
Our Website: https://jpyc.jp/
Where to buy $JPYC: https://app.jpyc.jp/

--

--

--

$JPYC is the Japanese Yen-pegged Stablecoin which complies with Japanese law.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

How to invest stablecoins using Curve Finance

Preparing for LAND Smart Contract Deployment to Polygon (Layer 2)

Time is running out!!!

ICOs: The Community Does the Marketing, Large Investors Grab the Tokens

Bitcoin Rush in South America, Explained.

The Biggest Reason Why I Buy into Crypto

Cluster system explained.

Crypto Derivatives: An Exciting Alternative to Spot Crypto Trading

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
JPYC Inc.

JPYC Inc.

$JPYC is the Japanese Yen-pegged Stablecoin which complies with Japanese law.

More from Medium

Axelar Network, One network to cross them all.

The Function of RayDex decentralized AMM Dex

XFIT Staking — The Silence Before The Storm

CoverCompared partners with Escrow Protocol