Startale Japan Launches Digital Bond with JPYSC Stablecoin Payments
- Startale Japan has opened subscriptions for a digital corporate bond totaling ¥99.9 million.
- The bond pays a fixed annual interest rate of 5% before tax and is available in units starting at ¥100,000.
- Interest and principal payments will be made in JPYSC, a yen-denominated stablecoin issued by SBI Shinsei Trust Bank.
- Applications are open from October 6 to November 10, with issuance scheduled for December.
- The bond serves as a real-world test for stablecoin settlement in conventional financial products.
This initiative by Startale Japan demonstrates the potential integration of regulated stablecoins like JPYSC into traditional financial instruments, offering a practical use case beyond cryptocurrency trading.
