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Project Overview
Japan Open Chain (JOC) is Ethereum-Compatible Layer1 Public Blockchain that prioritizes practicality. It operates in collaboration with trusted enterprises, providing a reliable blockchain infrastructure for businesses and local governments to confidently utilize. Japan Open Chain is a blockchain infrastructure operated by Japanese companies in compliance with Japanese law, providing a secure environment for developing web3 businesses.
LayerZero will stop providing off-chain support for certain low-activity chains.
LayerZero has announced that due to low activity on certain blockchains, it will gradually cease providing off-chain support for them, and affected chains will no longer be able to use LayerZero's Decentralized Verification Networks (DVNs) and executor services. In the next 30 days, Aurora, Taiko, Japan Open Chain, LightLink, Viction, Animechain, XPLA, Merlin, Gnosis, Zora, Otherworld Space, XAI, and opBNB will be affected. Some chains will also lose Stargate Hydra support, and Stargate users should redeem their Hydra assets from these chains, including USDC.e, wETH, and Hydra USDT.
Japanese Blockchain Infrastructure Company Plans to Launch Trust-Based JPY Stablecoin EJPY
According to CoinPost, Japanese blockchain infrastructure company Nihon Blockchain Kiban has officially decided to issue the trust-based JPY-pegged stablecoin EJPY. The stablecoin is planned to be deployed on Japan Open Chain (JOC) and Ethereum, with the goal of launching issuance and circulation on JOC within fiscal year 2026. The announcement states that the trust-based architecture required for EJPY has achieved phased progress. The company noted that EJPY will primarily serve inter-corporate settlements, digital asset payments, fund transfers, and various Web3 payment use cases, and that it will advance a multi-chain strategy centered on JOC. Specific details—including the actual launch date, issuance terms, partner institutions, and supported blockchains—will be announced separately after consultations with regulatory authorities and relevant organizations and completion of necessary procedures.
Related news
LayerZero will stop providing off-chain support for certain low-activity chains.
LayerZero has announced that due to low activity on certain blockchains, it will gradually cease providing off-chain support for them, and affected chains will no longer be able to use LayerZero's Decentralized Verification Networks (DVNs) and executor services. In the next 30 days, Aurora, Taiko, Japan Open Chain, LightLink, Viction, Animechain, XPLA, Merlin, Gnosis, Zora, Otherworld Space, XAI, and opBNB will be affected. Some chains will also lose Stargate Hydra support, and Stargate users should redeem their Hydra assets from these chains, including USDC.e, wETH, and Hydra USDT.
Japanese Blockchain Infrastructure Company Plans to Launch Trust-Based JPY Stablecoin EJPY
According to CoinPost, Japanese blockchain infrastructure company Nihon Blockchain Kiban has officially decided to issue the trust-based JPY-pegged stablecoin EJPY. The stablecoin is planned to be deployed on Japan Open Chain (JOC) and Ethereum, with the goal of launching issuance and circulation on JOC within fiscal year 2026. The announcement states that the trust-based architecture required for EJPY has achieved phased progress. The company noted that EJPY will primarily serve inter-corporate settlements, digital asset payments, fund transfers, and various Web3 payment use cases, and that it will advance a multi-chain strategy centered on JOC. Specific details—including the actual launch date, issuance terms, partner institutions, and supported blockchains—will be announced separately after consultations with regulatory authorities and relevant organizations and completion of necessary procedures.