SBI Holdings and Startale launch JPYSC, Japan’s first trust bank-backed yen stablecoin for institutions and global payments.
Japan’s digital finance sector announced a new yen stablecoin initiative. SBI Holdings teamed up with Startale Group to launch JPYSC. The stablecoin is the representation of the Japanese yen in blockchain networks. Therefore, the project aims at institutional finance and cross-border digital payments.
According to the official press release, JPYSC will be operated under the trust bank system in Japan. SBI Shinsei Trust Bank will issue the stablecoin. Therefore, the project is done under the strict digital asset regulatory framework of Japan.
■ Globally interoperability: Seamlessly connects traditional finance and onchain ecosystems for cross-border payments and treasury use cases.
■ Enterprise-ready: Built from day one for high-volume settlement and tokenized assets, with strong interest from leading financial…
— Startale 💿 (@StartaleGroup) February 27, 2026
Importantly, JPYSC becomes the first stablecoin in Japan backed by a trust bank. As a result, the structure offers good legal protection and transparency. The design also facilitates institutional compliance and operational dependability.
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Meanwhile, the stablecoin will be used for cross-border payments, as well as treasury management. Financial institutions can transfer money rapidly between international markets. Therefore, the project could reduce transaction delay for settlement in global transactions.
Additionally, JPYSC looks forward to linking traditional finance systems to blockchain infrastructure. This interoperability enables banks and companies to interact with digital assets without any hassle. Consequently, businesses are allowed to use stablecoins as part of their existing financial operations.
The stablecoin will also have tokenized asset settlements. Tokenized assets are real-world assets that are represented on blockchain networks. That is why JPYSC could help institutions in settling digital securities efficiently.
Distribution of the stablecoin will be done using SBI VC Trade. The exchange will be the principal distribution partner. Meanwhile, Startale Group will take the lead in the development of blockchain technologies.
Furthermore, the stablecoin was built for enterprise-grade performance by its developers. The system caters high volume transactions and institutional settlement requirements. Therefore, banks, financial companies and large corporations are the target of this project.
Industry interest in JPYSC is already high before the official launch. Several financial institutions and corporations showed great interest. Consequently, the project could be rapidly institutionalized upon release.
The stablecoin is based on Japan’s Type III electronic payment instrument framework. This classification also ensures that one complies with financial laws in the country. Therefore, institutions can work with JPYSC with regulatory clarity and legal protections.
Additionally, the stablecoin has global interoperability as its focus. Developers created the system to connect blockchain networks and traditional banking systems. Therefore, businesses can integrate the digital payment system into the existing financial infrastructure.
The project also introduced a blue JPYSC logo which symbolizes trust and stability. The branding features security, transparency, global connectivity. This has the consequence that the design supports the confidence of financial institutions.
According to the announcement, the official launch has been planned for Q2 2026 anyway. However, the release is regulatory approvals. Therefore, authorities must finish with the review process before deploying the market.
Overall, the partnership between Startale Group and SBI Holdings is aimed to expand regulated digital finance. The companies are planning on building infrastructure for secure financial products based on blockchain. As a result, JPYSC may be an important step towards a globally trusted digital yen.