After JPYC launched Upbit, the price fluctuated and the supply increased to 4.2 billion yen within 48 hours

JPYC launched Upbit on September 17th, with prices rising to 37 Korean won at one point before returning to the 1:1 yen anchoring level. On the same day, 1.687 billion yen was minted, and the circulating supply increased from 1.9 billion yen to over 4.2 billion yen within 48 hours. (Source: Bitcoin.com News)