SBI Holdings and Startale Group partner to launch regulated JPY stablecoin

Japan moves to challenge USD dominance as SBI and Startale align to issue a compliant, bank-backed JPY stablecoin for global trade.

Live Market Updates

Latest Financial News

positive
10h ago

SBI Holdings and Startale Group partner to launch regulated JPY stablecoin

SBI Holdings and Startale Group partner to launch regulated JPY stablecoin
SBI Holdings and Startale Group signed a Memorandum of Understanding today to co-develop a fully regulated Japanese yen-denominated stablecoin. The initiative aims to capture a share of the $300 billion global market by offering enterprise-grade cross-border settlements that bypass traditional banking delays. Scheduled for a Q2 2026 launch pending FSA approval, the token will operate as a 'Type 3 Electronic Payment Instrument,' enabling limitless transfers for institutional clients.
Companies:
  • SBI Holdings
  • Startale Group
Tags:
  • Stablecoin
  • Japan