Crypto
Home›Crypto›Market Structure›Lawson to trial yen stablecoin payments at Tokyo conve…
Lawson to trial yen stablecoin payments at Tokyo convenience store
The pilot with HashPort and KDDI is set for August and will use a non-custodial wallet with checkout handled through Lawson’s point-of-sale system.
Japan’s Lawson plans to test yen-denominated stablecoin payments at a Tokyo convenience-store location in August, aiming to determine whether stablecoins can fit into a typical in-store checkout flow. Cointelegraph reports the trial will be conducted at the Lawson Takanawa Gateway City store.
Cointelegraph says HashPort signed an agreement with Lawson and telecom group KDDI to run the pilot. Participants will use HashPort’s non-custodial wallet, while the store will process transactions through HashPort’s point-of-sale integration, avoiding the need for merchants to open or manage crypto wallets.
Separately, Japan payments company Netstars launched Stablecoin Pay, a merchant service that lets businesses accept multiple stablecoins as payment options. Cointelegraph reports the service initially supports USDC and USDT, plus the yen-denominated JPYC.
Cointelegraph adds that Stablecoin Pay is available for merchants on the Solana and Polygon networks, using MetaMask as the supported wallet. Netstars set its merchant payment fee at 0.98% and said it plans to expand wallets and blockchains, with settlement in yen even when customers pay with dollar-denominated stablecoins.
Latest closeSolana $76.40 ▼0.6%