🇯🇵JPY to 🇺🇸USD
Japan's domestic settlement is fast but cross-border is slow and expensive. The next wave of yen-denominated stablecoin issuance opens this corridor materially.
Indicative figures from trailing 30-day flow. Not a guarantee of returns. See full disclaimer below.
How a JPY → USD payment moves through Sera.
JPY via Zengin → JPYC → SOR routes JPYC↔USDC → USD via FedNow.
Real-time on both sides.
Sera plugs into the local instant-payment networks on both ends so the flow stays settled in seconds, not days.
- Same-dayZengin
- Real-timeFedNow24/7/365
- Same-dayACHSame-day & next-day
- WireFedwire
- JP outbound treasury
- Cross-border SaaS revenue
- Tourism FX
You earn the FX spread on every JPY/USD swap.
Deposit JPYC or USDC (or any major stablecoin, Virtual Liquidity does the conversion) and you start collecting 7 bps fees on routed volume in proportion to your share of the pool. 80% of the swap fee accrues to LPs; 15% to protocol; 5% to safety reserve.
Deploy Liquidity → JPY/USDJPYC liquidity is currently thinner; expect step-function depth improvement as Q2 issuance ramps. LPs may see periodic widening during BoJ policy events.
Indicative APY shown is illustrative only and based on trailing 30-day flow. Yields are not guaranteed and may be lower or zero. Liquidity provision involves risk including loss of principal, smart-contract risk, oracle risk, and adverse FX movement. Not investment advice.