Startale Group and SBI Holdings introduce JPYSC
27 February 2026 Japan
Image: tadamichi/stock.adobe.com
Startale Group and SBI Holdings have introduced JPYSC — a trust bank-backed Japanese yen stablecoin being developed for institutional and cross-border use cases.
The firms say that this move advances Japan’s position in regulated digital currency infrastructure as global stablecoin competition accelerates.
According to the firm, JPYSC is emerging as the first trust-based stablecoin issued by SBI Shinsei Trust Bank under Japan’s regulatory framework and designed to operate seamlessly across traditional financial systems and blockchain networks.
SBI VC Trade will be serving as the primary distribution partner, and Startale Group will lead the technical development of the JPYSC initiative.
Yoshitaka Kitao, representative director, chairman, and president of SBI Holdings, says: “The transition to a token economy where all real-world assets are tokenised and tokens permeate society as a means of settlement — is now an irreversible societal trend.
“As a company standing at the forefront of the financial industry, the SBI Group has pioneered various initiatives in this domain and has built a digital space ecosystem.
“By jointly issuing a yen-denominated stablecoin with the Startale Group to serve as the foundation of this infrastructure, and by circulating it both domestically and globally, we aim to dramatically accelerate the movement toward providing digital financial services that are fully integrated with traditional finance.”
Sota Watanabe, CEO of Startale Group, adds: “Startale’s mission is to build the next civilisation by bringing the world onchain. Our yen-denominated stablecoin is not just a means of everyday payment — it will play a central role in a fully onchain world.
“In particular, we see enormous potential in enabling payments between AI agents and powering distributions for tokenised assets, both of which will soon become reality.”
The firms say that this move advances Japan’s position in regulated digital currency infrastructure as global stablecoin competition accelerates.
According to the firm, JPYSC is emerging as the first trust-based stablecoin issued by SBI Shinsei Trust Bank under Japan’s regulatory framework and designed to operate seamlessly across traditional financial systems and blockchain networks.
SBI VC Trade will be serving as the primary distribution partner, and Startale Group will lead the technical development of the JPYSC initiative.
Yoshitaka Kitao, representative director, chairman, and president of SBI Holdings, says: “The transition to a token economy where all real-world assets are tokenised and tokens permeate society as a means of settlement — is now an irreversible societal trend.
“As a company standing at the forefront of the financial industry, the SBI Group has pioneered various initiatives in this domain and has built a digital space ecosystem.
“By jointly issuing a yen-denominated stablecoin with the Startale Group to serve as the foundation of this infrastructure, and by circulating it both domestically and globally, we aim to dramatically accelerate the movement toward providing digital financial services that are fully integrated with traditional finance.”
Sota Watanabe, CEO of Startale Group, adds: “Startale’s mission is to build the next civilisation by bringing the world onchain. Our yen-denominated stablecoin is not just a means of everyday payment — it will play a central role in a fully onchain world.
“In particular, we see enormous potential in enabling payments between AI agents and powering distributions for tokenised assets, both of which will soon become reality.”
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