Japan Post Bank to Launch Blockchain-Based Digital Yen DCJPY in 2026

Japan Post Bank, a government-owned lender holding over 190 trillion yen in deposits, announced plans to introduce DCJPY, a blockchain-based digital currency pegged 1:1 to yen deposits. The digital yen, developed with Tokyo DeCurret DCP, will launch in 2026 and LINK directly to customer savings accounts.

The DCJPY system promises instant settlement for transactions, offering greater transparency and speed compared to traditional methods. Users will convert yen to DCJPY via a dedicated app, with support for digital securities, real estate, corporate bonds, and other blockchain-based assets.

By late 2026, the bank intends to expand DCJPY's utility beyond NFTs and financial instruments. Government officials highlight potential applications like direct subsidy distribution to citizens, signaling broad institutional adoption.