Japan’s SBI and Startale to Launch Yen-Backed Stablecoin

[lingriiddd]

SBI Holdings and Web3 firm Startale Group have signed an MoU to develop a fully regulated yen-denominated stablecoin. The project, supported by Shinsei Trust & Banking and SBI VC Trade, aims to accelerate Japan’s token economy and integrate digital financial services with traditional banking. Launch is expected in Q2 2026, pending regulatory approvals.

[Nahid Hossen]

A yen-backed stablecoin adds credibility and stability to digital payments.