JPYC Halts Ethereum and Polygon Issuance After Glitch

Japan’s yen-pegged stablecoin issuer JPYC has temporarily suspended issuance reservations on the Ethereum and Polygon networks after a glitch affected its issuance process. JPYC announced the disruption on September 17, saying reservations for new JPYC issuance on Ethereum had been paused while the company investigated the cause. The suspension was subsequently extended to Polygon. The…