Polygon enables Kansai Electric loyalty points conversion to JPYC stablecoin

Your electricity bill just became a crypto on-ramp. Users of MOACT, the rewards app operated by a subsidiary of Japanese utility giant Kansai Electric Power, can now convert their loyalty points into JPYC, the regulated yen-pegged stablecoin, on Polygon. The feature went live on July 30. Wallet developer HashPort announced the integration, which lets MOACT users swap their earned NORM Points into JPYC and hold, send, or deploy the stablecoin through the HashPort Wallet. In practical terms, points earned by paying your power bill can now flow directly into decentralized finance. From power bills to Polygon MOACT is a fully owned subsidiary of Kansai Electric Power Co., one of Japan’s largest regional utilities serving the Osaka-Kyoto-Kobe metropolitan area. The subsidiary was established on July 1, 2026, and its rewards app lets users earn NORM Points by completing social “missions.” The integration builds on earlier collaboration between HashPort and MOACT from earlier in 2026, when HashPort’s wallet capabilities were expanded to support JPYC handling. This latest step completes the pipeline from real-world activity to on-chain asset. JPYC’s growing footprint on Polygon JPYC holds ...