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SBI Launches JPYSC, Japan's First Trust-Type Yen Stablecoin

  • Finance
  • Policy & Regulation
  • Sales & Business

SBI Holdings, SBI Shinsei Trust Bank, SBI VC Trade and Startale Group on June 24, 2026 began issuing and offering JPYSC, Japan's first trust-type yen-denominated stablecoin. SBI Shinsei Trust Bank serves as issuer, SBI VC Trade handles distribution, and Startale Group provides the blockchain infrastructure. The launch started the same day as a limited offering within SBI VC Trade accounts, with no transfers to external wallets allowed for now. According to the official announcement, the firms aim to enable circulation on public chains after sorting out relevant laws and tax practices.

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