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Japan Launches First Yen Stablecoin Bank

Startale Group and SBI Holdings Announce JPYSC Stablecoin Launch

  • Startale Group and SBI Holdings plan to launch JPYSC, a Japanese yen stablecoin, in the second quarter of 2026.
  • JPYSC will be the first yen stablecoin backed by a trust bank under Japan’s regulatory framework.
  • The initiative marks a significant collaboration between Startale Group and SBI Holdings Inc.

The introduction of JPYSC represents a strategic move to establish a yen-backed stablecoin within Japan’s legal environment, highlighting cooperation between major financial entities.

With its planned launch in Q2 of 2026, JPYSC is set to become the first trust bank-backed yen stablecoin, underscoring the evolving landscape of digital currencies in Japan. Source

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