In the 2026 financial year, Japan Post Bank is going to start releasing DCJPY digital currency tied to the yen. The task of the bank called the desire to activate the turnover of deposit assets worth 190 trillion yen ($ 1.29 trillion).

DCJPY is a tokenized deposit tied to the Japanese yen in a ratio of 1: 1 and secured by deposits of the bank. The digital asset will be launched in the closed block of the bank and is available only to authorized customers of the credit institution, Japan Post announced.

Token will allow you to convert bank deposits into digital assets through a mobile application for the acquisition of financial assets – from bonds and real estate objects to digital art and NFT items. In order to stimulate customer interest, the bank plans to offer the profitability of DCJPY tokenized deposits at 3-5%.

In addition to the desire to activate the movement of funds on 120 million passive deposits, the bank wants to attract young customers focused on digital technologies, as well as increase the convenience of financial transactions for older depositors. In Japan Post, DCJPY is also used to be used by municipal authorities to distribute subsidies and grants in digital format.

Earlier, the Japanese Financial Services Agency (FSA) announced the creation of a new bureau, which will deal with supervision of cryptocurrencies and insurance market. The bureau should start its work in 2026, officials said.