Japan's Startale and SBI will launch regulated yen stablecoins
2025-12-16 01:09:44
Japanese blockchain infrastructure company Startale Group and Japanese financial conglomerate SBI Holdings plan to launch a fully regulated, yen-pegged stablecoin to support global settlements by the second quarter of 2026, according to market news. The two parties will collaborate on the development of the digital currency under a new agreement. Shinsei Trust & Banking will be responsible for the issuance and redemption management of the stablecoin, while SBI VC Trade, a licensed crypto exchange, will be responsible for its circulation. The yen stablecoin will be issued by a trust bank and is intended for global settlement and institutional use. Startale will be responsible for technology development, while SBI will focus on compliance regulation and issuance promotion.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
