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Japan's Startale and SBI to Launch Regulated Japanese Yen Stablecoin
Summary: According to market reports, Japanese blockchain infrastructure company Startale Group and Japanese financial group SBI Holdings plan to launch a regulated stablecoin pegged to the Japanese Yen by the second quarter of 2026 to support global settlements. The two companies will collaborate under a new agreement to develop this digital currency. Shinsei Trust & Banking ...
According to market reports, Japanese blockchain infrastructure company Startale Group and Japanese financial group SBI Holdings plan to launch a regulated stablecoin pegged to the Japanese Yen by the second quarter of 2026 to support global settlements. The two companies will collaborate under a new agreement to develop this digital currency. Shinsei Trust & Banking will be responsible for the issuance and redemption management of the stablecoin, while SBI VC Trade, as a licensed crypto exchange, will handle its circulation. This Japanese Yen stablecoin will be issued by a trust bank and is intended for global settlements and institutional use. Startale will be in charge of technical development, while SBI will focus on compliance, regulation, and promotion of issuance.
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Link: Japan's Startale and SBI to Launch Regulated Japanese Yen Stablecoin [Copy]
