Japan Post Bank to Launch Digital Yen (DCJPY) by 2026, Targeting $1.3T in Deposits

Japan Post Bank, one of the world's largest financial institutions by deposits, has unveiled plans to issue DCJPY—a 1:1 yen-pegged digital currency—by fiscal year 2026. The MOVE signals a strategic pivot toward blockchain-based financial infrastructure, with the bank aiming to mobilize portions of its ¥190 trillion ($1.29 trillion) deposit base.

DCJPY will function as a regulated settlement LAYER for security tokens, NFTs, and real-world asset tokenization, differentiating it from speculative cryptocurrencies. The bank plans to integrate instant conversions with traditional savings accounts and explore yield-generating mechanisms for depositors in Japan's low-interest environment.

The initiative leverages recent legal reforms enabling digital securities trading, positioning Japan Post Bank to capitalize on institutional tokenization trends. With 120 million accounts under management, the state-backed institution could accelerate mainstream adoption of blockchain-based finance in Asia's second-largest economy.