{"id":29193,"date":"2026-05-26T20:20:26","date_gmt":"2026-05-26T20:20:26","guid":{"rendered":"https:\/\/www.europesays.com\/japan\/29193\/"},"modified":"2026-05-26T20:20:26","modified_gmt":"2026-05-26T20:20:26","slug":"japans-sumi-trust-to-exchange-stablecoins-for-diners-club-card-points-ledger-insights","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/japan\/29193\/","title":{"rendered":"Japan&#8217;s SuMi TRUST to exchange stablecoins for Diners Club card points &#8211; Ledger Insights"},"content":{"rendered":"<p>A collaboration in Japan will allow consumers that collect points via their Diners Club card to exchange the rewards for the <a href=\"https:\/\/www.ledgerinsights.com\/tag\/jpyc\/\" rel=\"nofollow noopener\" target=\"_blank\">JPYC stablecoin<\/a>. It involves a three way collaboration between Sumitomo Mitsui Trust Club (SuMi TRUST Club), JPYC and wallet provider HashPort.<\/p>\n<p>Starting 1 June, card users will need to leverage the HashPort non custodial wallet for the exchange, and can then use the JPYC as they see fit, including online payments or P2P transfers. The rate of exchange of reward points for JPYC will vary depending on the card, with Diners Club holders exchanging 2,500 points for 1,000 JPYC ($6.28), whereas TRUST CLUB card holders have to exchange 4,000 points for the same amount. Initially, SuMi is offering rewards of 500 points for each conversion to 1,000 JPYC. Apparently the points program has no expiration date.<\/p>\n<p>There\u2019s quite a bit of innovation happening in <a href=\"https:\/\/www.ledgerinsights.com\/tag\/japan+stablecoin\/\" rel=\"nofollow noopener\" target=\"_blank\">Japan around stablecoins<\/a> and wallets. For now JPYC is a key beneficiary because so far it is the only onshore regulated coin. However, GMO-Z.com Trust, a subsidiary of Japanese firm GMO Internet, has been issuing a Yen stablecoin under a New York trust license for several years. Japan\u2019s Financial Services Agency just f<a href=\"https:\/\/www.ledgerinsights.com\/japan-clarifies-legal-status-of-foreign-trust-based-stablecoins\/\" rel=\"nofollow noopener\" target=\"_blank\">inalized rulemaking<\/a> to recognize equivalent offshore regulated stablecoins.<\/p>\n<p>Article continues \u2026<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"70\" height=\"119\" src=\"https:\/\/www.europesays.com\/japan\/wp-content\/uploads\/2026\/05\/1779826826_381_subscriber-padlock-small.png\" alt=\"subscriber padlock\" class=\"wp-image-39468\" style=\"width:55px\"\/><\/p>\n<p style=\"padding-top:var(--wp--preset--spacing--30);padding-bottom:var(--wp--preset--spacing--30);font-size:14px\">Want the full story? <a href=\"https:\/\/pro.ledgerinsights.com\/pricing\/\" rel=\"nofollow noopener\" target=\"_blank\">Pro subscribers<\/a> get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.<\/p>\n<p>Image Copyright: Diners Club International<\/p>\n","protected":false},"excerpt":{"rendered":"A collaboration in Japan will allow consumers that collect points via their Diners Club card to exchange the&hellip;\n","protected":false},"author":2,"featured_media":29194,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[2674,20807,22818,20809,20810,22819,8,22820,22821,33,22822,22823,7234,22824,11164,22825],"class_list":["post-29193","post","type-post","status-publish","format-standard","has-post-thumbnail","category-japan","tag-blockchain","tag-digital-currency","tag-diners-club","tag-distributed-ledger","tag-dlt","tag-hashport","tag-japan","tag-jpyc","tag-loyalty","tag-nihon","tag-points","tag-rewards","tag-stablecoin","tag-sumi-trust-club","tag-sumitomo-mitsui-trust-bank","tag-wallet"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts\/29193","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/comments?post=29193"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts\/29193\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/media\/29194"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/media?parent=29193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/categories?post=29193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/tags?post=29193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}