Startale And SBI Launch JPYSC Stablecoin

Startale Group and SBI Holdings on Friday unveiled JPYSC, the first trust bank-backed Japanese yen stablecoin designed for institutional and cross-border applications. SBI Shinsei Trust Bank will issue the token, SBI VC Trade will distribute it, and Startale will manage technical development, with a targeted second-quarter launch pending regulatory clearance. The initiative offers a regulated yen alternative for corporate treasuries, payments and international settlement.