Lawson to test JPYC stablecoin payments in August

A major Japanese convenience store chain will begin testing payments with a regulated yen-pegged stablecoin next month, marking a significant step toward integrating digital assets into everyday retail transactions. Lawson plans to launch a proof-of-concept trial in early August at its Takanawa Gateway City store in Tokyo's Minato Ward, using the JPYC stablecoin.

The trial, developed in partnership with blockchain company HashPort, is described by the company as Japan's first stablecoin payment test directly connected to a standard point-of-sale system. During the pilot, customers will use a non-custodial wallet to display a barcode on their smartphones, which store staff will scan using the existing checkout terminal. HashPort's system will then update the customer's JPYC balance based on the verified transaction data.

This integration is designed to shield merchants from operational complexity. The store will process payments through its normal sales system without needing to manage crypto wallets directly, and all pricing, sales records, and settlement will be handled in yen. The companies plan to assess system stability, transaction speed, and overall usability during the...