Japanese Yen stablecoin JPYC urgently halts Ethereum issuance reservations: the cause of the malfunction is still under investigation

The Japanese yen stablecoin issuer JPYC has issued a malfunction notice, announcing the emergency suspension of the JPYC issuance reservation service on the Ethereum network.

The official statement indicates that this function is currently in a suspended state, and the technical team is urgently investigating the specific cause of the malfunction. JPYC apologizes to the affected users regarding this matter and promises to release updates through official channels as soon as the details are confirmed.