I must say it loudly: 'JPYC and SANAE TOKEN are completely different.'

Regarding the 'SANAE TOKEN' that has been a major topic of discussion over the past few days, the answer I had Grok summarize the day before yesterday seems to have been cited by quite a lot of people.

I have also been receiving many questions, sometimes abuse (?), and inquiries from reporters at various media outlets. Also, the Financial Services Agency seems to be starting to take action as well.
I also took some time between interviews and event appearances to summarize a simple article on note.

First, the conclusion:

JPYC and SANAE TOKEN are completely different.

Because similar terms are used, there are not a few people who misunderstand, but the mechanism, reliability, and purpose design are fundamentally different.

Here, I will explain the differences as clearly as possible.

① What is JPYC?

JPYC is a 'stablecoin whose value is linked 1:1 with the Japanese Yen.'
In other words, it is a digital currency designed on the premise of 1 JPYC = 1 Yen .
Specifically, it uses Japanese Yen deposits and government bonds as backing assets (collateral), and preserves its value by depositing them with the Legal Affairs Bureau or entrusting them to a trust bank.

And this is the important part.

JPYC is a Japanese Yen stablecoin officially recognized by the Financial Services Agency as an 'electronic payment instrument.'
It is not just a 'self-proclaimed stablecoin.'

Furthermore, JPYC Inc. has received
registration as a Funds Transfer Service Provider (Kanto Local Finance Bureau No. 00099) .

This means,

✔ It is a registered business operator based on laws and regulations
✔ It operates within the framework of financial regulations
✔ It is a scheme based on user protection

that is what it means.

Also, from the perspective of ensuring reliability, the audit is handled by
Akari Audit Corporation .

② What is SANAE TOKEN?

On the other hand, regarding SANAE TOKEN .

SANAE TOKEN, while the name is 'token' and it has a stablecoin-like ring to it (which is why it gets confused),
its mechanism and purpose are completely different from JPYC.

SANAE TOKEN is a token classified as a meme coin.

A meme coin is a type of crypto asset issued based on internet buzz, character appeal, and community excitement, and it is not necessarily designed with a specific legal status or asset backing in mind.

The following URL is an explanation of 'meme coins' by the Daiwa Institute of Research.
https://www.dir.co.jp/world/entry/memecoin

This is the important part.

Stablecoins and meme coins have completely different purposes

is the point.

• Stablecoin: A payment infrastructure aimed at price stability based on legal systems and asset backing

• Meme coin: A token traded in the market based on community and buzz

I am uploading a table that Grok summarized for me immediately after it became a topic on X (Twitter) so that it is easy to see.

JPYC is a Japanese yen stablecoin positioned as an 'electronic payment instrument' within the framework of Japan's Payment Services Act. On the other hand, SANAE TOKEN is not a token designed to institutionally guarantee price stability.

In other words, the categories themselves are different.

They are not things to be compared; their roles are fundamentally different.

JPYC and SANAE TOKEN are so vastly different that some people even describe them like this.

It is precisely because JPYC has built up trust over a long period of time that partnerships with LINE NEXT and exchanges with Ponta points have become possible, and leading Japanese companies such as Sumitomo Mitsui Card, Resona Bank, JCB, and Digital Garage are themselves (we didn't solicit them!) using JPYC for proof-of-concept experiments.

👉 For details, please see the JPYC Inc. note.

It is truly troublesome to be confused with them.

③ Why I must state this difference

Recently, with the rise of social media and Chat AI, information has become extremely fluid.
Even with the same words like "coin" or "token",if the content is different, the value and responsibility are also completely different.

For stablecoins, you need to look at points such as:

• backing of value

• audit status

• operational structure

• the blockchain on which the token operates

• legal framework

and so on.

The difference is that JPYC is operated with value backing, audits, support for major chains, and corporate payment use cases designed into it.

Summary

🔸 JPYC is a "stablecoin linked to the Japanese Yen through a trusted mechanism"
🔸 It is a completely different entity from SANAE TOKEN with a different basic design
🔸 Correctly understanding information leads to user protection and market health

In the very near future, the money that AI will be able to use will be stablecoins.
If unnecessary misunderstandings spread due to trivial meme coin hype at that time, it could lead to a major loss.
Precisely because we are in this period just before a transformation, I want to continue to say this loudly.

"The stablecoin JPYC is an electronic payment instrument, not a crypto asset or a meme coin"

is what I must say.