Is JPY Coin (JPYC) halal or haram?
Not screened yet
We have not run our Shariah screening on JPY Coin yet, so we are not giving a ruling on this page. What is below is what we have gathered and checked ourselves, without any AI: where the coin lives, its supply, what its own blockchain says about who can freeze or create coins, and the project's own documents.
What it is
Stablecoin project from Japan that is pegged to JPY.
The basics
- Where it lives
- token on ethereum (also on shiden network, astar, polygon-pos, avalanche, xdai)
- Circulating supply
- 2,600,000,000 JPYC
- Total supply
- 2,600,000,000 JPYC
- Category
- Stablecoins, Avalanche Ecosystem, Polygon Ecosystem
Who controls the coins
Read from the token's verified contract on Ethereum (0x431d5dff03120afa4bdf332c61a6e1766ef37bdb) on 2026-09-23: blocklist lets a single wallet key (0x0969…e878) block or freeze a chosen holder's tokens. It also has mint (capped, held by an account we could not identify); what these allow is checked at screening. Its code can be replaced by whoever holds the upgrade power. The same coin is deployed on other chains: on Polygon (0x431d5dff03120afa4bdf332c61a6e1766ef37bdb), blocklist lets a single wallet key (0x0969…e878) block or freeze a chosen holder's tokens; on Avalanche (0x431d5dff03120afa4bdf332c61a6e1766ef37bdb), blocklist lets a single wallet key (0x0969…e878) block or freeze a chosen holder's tokens; on Gnosis Chain (0x431d5dff03120afa4bdf332c61a6e1766ef37bdb), blocklist lets a single wallet key (0x0969…e878) block or freeze a chosen holder's tokens. Whether those are the project's own copies or an unrelated bridge's is checked at screening.
Whether anyone can freeze a holder's balance, or create new coins, is part of our screening. This much is read straight from the blockchain, so it is already established before any screening runs.
The project's own sources
Checked on 23 September 2026. Every address above was fetched once to confirm it loads.