Japan’s SBI and Startale Unveil Yen Stablecoin JPYSC Set for Q2 2026 Launch
Source Beincrypto
Japan’s SBI Holdings and Startale Group have announced a joint trust-based Japanese yen stablecoin, JPYSC. The stablecoin will be issued by Shinsei Trust & Banking.
SBI Holdings is a leading fintech conglomerate in Japan with expertise in asset management and crypto services. Its involvement signals a strong institutional commitment to integrating blockchain with traditional finance.
Why it matters:
- JPYSC can likely give institutional players a regulated yen-denominated settlement layer for tokenized assets and treasury operations.
- Trust bank backing separates JPYSC from unregulated stablecoins, reducing counterparty risk for enterprise users.
The details:
- JPYSC is structured as a Type III Electronic Payment Instrument under Japan’s regulatory framework.
- Startale Group will lead the technical development of JPYSC. In addition, SBI VC Trade will serve as the primary distribution partner.
- JPYSC targets enterprise use cases, including treasury operations, high-volume settlement, and cross-border transactions.
- SBI Holdings and Startale Group plan to launch JPYSC in Q2 2026, pending regulatory approvals.
The big picture:
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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