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JPYSC yen stablecoin is unveiled by SBI and Startale as Japan’s first trust bank-backed digital yen for institutional and cross-border use.
Author: Akshat Thakur
February 27, 2026 — SBI Holdings and Startale Group have announced the JPYSC yen stablecoin as Japan’s first trust bank-backed digital yen, with SBI Shinsei Trust Bank issuing it under the country’s regulatory framework. The stablecoin is targeted for launch in Q2 2026 pending approvals and will be distributed through SBI VC Trade. The development matters because it introduces a regulated yen-denominated stablecoin designed for institutional settlements, tokenized assets, and cross-border payments, expanding Japan’s role in compliant onchain finance.
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Coin Bureau
@coinbureau
🚨LATEST: SBI TO LAUNCH JAPAN’S FIRST TRUST-BANK BASED JPY STABLECOIN IN Q2 SBI Holdings and Startale Group announced JPYSC, a yen-denominated stablecoin set for Q2 launch, with issuance managed by SBI Shinsei Trust Bank. https://t.co/GpAnOOTYqR
09:30 AM·Feb 27, 2026
BSCN
@BSCNews
🚨NEW: JAPAN’S FIRST TRUST BANK-BACKED JPY STABLECOIN LAUNCHES Startale Group (@StartaleGroup) and SBI Holdings (@SBI_DAH) introduced JPYSC, issued by Shinsei Trust & Banking. The token is described as the first Japanese yen stablecoin backed by a trust bank. Startale built https://t.co/m7OuDwPuSv
08:02 AM·Feb 27, 2026
Cointelegraph
@Cointelegraph
🇯🇵 BIG: Japan’s SBI Holdings and Startale Group debut JPYSC, the first trust bank-backed Japanese yen stablecoin issued by Shinsei Trust & Banking. https://t.co/x4DknM9t43
06:30 AM·Feb 27, 2026
Steady attention without excessive speculation.
Sota Watanabe founded Startale Group, a Web3 infrastructure company that developed Astar Network, one of Japan’s largest public blockchains. The firm has expanded through partnerships with Sony for the Soneium Ethereum Layer 2 network and backing from investors such as Binance Labs and Polychain.
SBI Holdings is a major Japanese financial conglomerate with operations across banking, securities, and digital assets. It has been active in blockchain initiatives for years, including its partnership with Ripple and recent tokenized bond issuances tied to crypto rewards.
The two firms have collaborated on several blockchain initiatives focused on compliant digital asset infrastructure, including tokenized securities platforms and enterprise blockchain services.
Japanese law classifies the JPYSC yen stablecoin as a Type III Electronic Payment Instrument, allowing a regulated trust bank model to issue it. SBI Shinsei Trust Bank will act as the issuer, ensuring reserve backing and compliance with financial regulations.
The stablecoin has no fixed issuance cap, enabling scalability for enterprise and institutional use cases. Regulatory alignment is a key feature, positioning JPYSC as a compliant alternative to offshore stablecoins operating in global markets.
This structure meets requirements for stability, transparency, and legal oversight within Japan’s digital asset framework.
A trust-based model will issue JPYSC and integrate traditional banking systems with blockchain infrastructure. SBI VC Trade will manage primary distribution, providing access to institutional and enterprise users.
Startale will handle the technical layer, ensuring interoperability across multiple blockchain ecosystems. The system supports seamless transfers, treasury operations, and settlement processes across both onchain and offchain financial environments.
The stablecoin will also support emerging use cases such as automated payments between AI agents and tokenized asset distributions.
The JPYSC yen stablecoin supports high-volume settlements, cross-border transactions, and tokenized real-world asset markets. Financial institutions, corporates, and Web3 platforms can use it as a regulated yen-denominated settlement asset.
The stablecoin can also support tokenized securities, bond settlements, and treasury management within blockchain-based financial systems. Its design aims to reduce reliance on intermediaries while maintaining regulatory compliance.
By aligning with Japan’s digital asset rules, JPYSC could become a foundational infrastructure layer for domestic and international onchain finance.
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