Today, zERC20 is bringing its privacy infrastructure to Kaia, introducing zJPYC on Kaia and becoming the first privacy-focused project to deploy on the network. zJPYC enables private, programmable transfers of Japanese yen denominated value on one of Asia's leading stablecoin settlement layers.

With this integration, users can wrap JPYC into zJPYC, send it through zERC20, and have the recipient redeem it back into JPYC, a flow that severs the onchain link between sender and receiver while preserving full composability with existing EVM infrastructure.

Kaia is an EVM-compatible Layer 1 built for stablecoin settlement and onchain finance across Asia, with a stated direction toward composable privacy and programmable compliance for regulated assets. zJPYC is a live example of that direction: privacy delivered as a module on top of an existing regulated stablecoin, without changing the underlying token or the chain.

Until now, privacy-preserving infrastructure for yen based assets has remained largely unavailable. zJPYC on Kaia changes that.

"Privacy is becoming essential infrastructure for on-zchain finance, not an optional add-on," said Mai Fujimoto, CEO of zERC20. "Less than a month after JPYC announced its launch on Kaia, the amount of JPYC circulating on the network surpassed JPY 330 million, making it the largest Japanese yen stablecoin ecosystem in Japan.

“We believe that as stablecoins become more widely adopted, privacy will become essential infrastructure rather than an optional feature.

“Kaia is rapidly emerging as a key settlement layer for stablecoins across Asia, and bringing zJPYC to Kaia was a natural next step.

“Through this integration, Japanese yen users can gain a new option for privacy in value transfer while maintaining full compatibility with the assets and applications they already use."

"At Kaia, our vision is to build the foundational layer for onchain finance and stablecoin settlement across Asia," said Sam Seo, Chairman of the Kaia DLT Foundation. 

"The integration of zERC20 and the introduction of zJPYC mark a significant milestone in this journey. By enabling composable privacy without sacrificing EVM compatibility, we are unlocking new institutional and consumer use cases for the Japanese yen onchain.”

How privacy works in zERC20

Privacy in zERC20 is produced by a three-step cycle, not by wrapping alone:

1. Wrap. A user wraps JPYC into zJPYC at a 1:1 ratio.

2. Send. The user sends zJPYC privately through the zERC20 protocol to a recipient.

3. Redeem. The recipient redeems zJPYC back into JPYC.

Only the complete send-and-redeem flow breaks the public link between sender and receiver. Wrapping alone produces a transferable private-format token; the privacy guarantee is realized in transit and at redemption.

What zJPYC on Kaia unlocks

• Private transfers. Move yen denominated value without exposing counterparties onchain, when sent and redeemed through zERC20.

• Private JPY exposure. Hold Japanese yen onchain with privacy when value moves between parties, enabling new FX, hedging, and treasury use cases across Asia.

• Composable privacy. Developers on Kaia can integrate private yen payments directly into wallets, commerce flows, AI agents, and DeFi applications.

This launch is a step toward making privacy a native capability for stablecoins, and bringing Japanese yen liquidity into the next generation of onchain applications on Kaia.

zJPYC on Kaia is available through the zERC20 protocol: app.zerc20.io

Disclaimer

•  zJPYC is not an official service or content of JPYC Inc. It is an unofficial service independently provided by zERC20. 

•  JPYC Inc. is not involved in the provision, joint development, review, or endorsement of zJPYC in any way. * "JPYC" is a stablecoin issued by JPYC Inc. 

• JPYC and the JPYC logo are trademarks or registered trademarks of JPYC Inc. 

•  zJPYC is planned, developed, operated, and supported solely by the zERC20 team. 

•  For any questions or inquiries regarding zJPYC, please contact the zERC20 team.

About Kaia:

Kaia is the foundation where stablecoins become capital. It is an EVM-compatible Layer 1 blockchain built for stablecoin settlement and onchain finance across Asia, enabling remittances, payments, FX, yield, and tokenized assets on a single high-speed network.

With 99.9% uptime since 2019, Kaia brings together the ecosystems of Kakao and LINE, with deep roots across South Korea, Japan, Taiwan, Thailand, Indonesia, and beyond. To support this footprint, Kaia is actively advancing KRW stablecoin initiatives and PoCs with Korea's largest banks, while driving ongoing legislative advocacy to shape institutional adoption across the region.

Powered by native USDT, JPYC, and a growing roster of local Asian stablecoins, Kaia enables cross-border settlement at scale. Leveraging 1-second finality and gasless transactions, liquidity flows directly into onchain finance, capital markets, and an expanding RWA ecosystem through consumer platforms like LINE.

To ensure the success of its ecosystem, Kaia provides robust business development and dedicated technical support across these key Asian markets, equipping enterprise partners and developers with the on-the-ground resources needed to scale seamlessly.