SBI Holdings, Startale Group introduce their jointly developed Japanese yen stablecoin JPYSC
SBI Holdings, Inc. and Startale Group Pte. Ltd. Today officially unveiled the brand name and logo of their jointly developed Japanese yen stablecoin, JPYSC, marking a major milestone in the advancement of regulated digital finance in Japan and globally.
JPYSC is designed as a trust-based stablecoin issued by Shinsei Trust and Banking Co., Ltd., under Japan’s regulatory framework and is structured to operate seamlessly across traditional financial systems and blockchain networks, laying the foundation for a globally trusted digital yen. SBI VC Trade Co., Ltd. will be serving as the primary distribution partner and Startale Group, as the designated core partner, will lead the technical development.
The official launch remains on track for Q2 2026, subject to completion of all necessary regulatory approvals.
Built through the strategic partnership between Startale Group and SBI Holdings, JPYSC combines:
- Significant interest from leading financial institutions and corporate giants, reflecting a strong signal for adoption in operational, treasury and cross-border use cases.
- Institutional-grade compliance: Issued as a trust-structured Type III Electronic Payment Instrument under Japan’s regulatory framework, ensuring full adherence to applicable financial laws and standards.
- Enterprise-ready settlement capabilities, designed for high-volume transactions and tokenized assets settlement.
- Global interoperability across digital ecosystems, enabling seamless integration with traditional financial systems and blockchain platforms.
