JPYC: The issue of the delay in the issuance of the Polygon network yen stablecoin has been resolved, and related processing is gradually resuming

The Japanese yen stablecoin issuer JPYC posted on the X platform that the issuance processing of JPYC on the Polygon network experienced delays starting around 14:00. The related issues have now been resolved, and the backlog of issuance applications is being processed in order.

JPYC emphasized that the JPYC issuance services on other networks and all redemption processing across networks were not affected by this incident.