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2 clusters · 5 sources · 1 days · First seen · Last updated

Categories: TECHNOLOGY

Kansai Electric adopts Polygon for JPYC rewards

Entities: JPYC · Polygon · HashPort · MOACT · Kansai Electric Power Co.

Overview

On July 30, 2026, Kansai Electric Power’s rewards subsidiary MOACT launched a feature that lets users convert NORM Points earned on its loyalty app into JPYC, a regulated yen‑pegged stablecoin. The conversion runs on the Polygon network and is accessed through the HashPort wallet, allowing point holders to hold, send or use JPYC on‑chain.

The next day, market commentary linked the partnership to broader Polygon dynamics, noting that the collaboration could boost adoption and influence the token’s price outlook. Analysts highlighted a potential price target of $0.73 for POL, contingent on stronger buying volume, and pointed to the deal as evidence of growing corporate interest in blockchain‑based payments in Japan.

Timeline

  1. 1 day ago

    [TECHNOLOGY] 3 sources
    Polygon aims for $0.73 price target as Japan utility partnership boosts adoption

    Polygon (POL) trades near $0.07, with analysts eyeing a breakout to $0.73 if resistance clears, supported by a new partnership moving Kansai Electric’s loyalty points to the Polygon blockchain via JPYC stable‑c

  2. 1 day ago

    [TECHNOLOGY] 2 sources
    Kansai Electric Power's MOACT app links loyalty points to JPYC stablecoin via Polygon

    Kansai Electric Power's MOACT app now lets users swap loyalty points for JPYC stablecoin on Polygon via HashPort, linking rewards to on‑chain finance.

Sources

coin-turk.com · cryptobriefing.com · en.coin-turk.com · newsbtc.com · tronweekly.com