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#SBIHoldings and #Startale To Launch Regulated Yen Stablecoin in 2026
Japanese financial conglomerate SBI Holdings has partnered with Web3 infrastructure provider Startale Group to develop a regulated Japanese yen-denominated #stablecoin targeting tokenized asset markets and global settlement systems.
The project will be issued and redeemed through Shinsei Trust & Banking, a wholly-owned subsidiary of SBI Shinsei Bank. Licensed crypto asset exchange service provider SBI VC Trade will support the #digitalcurrency’s circulation.
Launch is scheduled for the second quarter of 2026, subject to regulatory approvals and completion of compliance frameworks. The initiative positions trust banks and licensed entities at the center of on-chain settlement infrastructure.
SBI Holdings representative director, chairman, and president Yoshitaka Kitao stated the #yen-denominated stablecoin will serve as a foundation for the country's transition into a token economy. The goal is to accelerate the provision of digital financial services integrated with traditional finance through domestic and global circulation.
