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