Startale Group Taps SBI Holdings to Launch Japan’s 1st Yen Stablecoin Backed by Trust Bank

Startale Group, a Japanese blockchain technology platform, has partnered with SBI Holdings, a Japan-based financial services corporation. The partnership unveils Japan’s earliest trust-backed yen-pegged stablecoin, $JPYSC.

As per Startale’s official press release, the development reaffirms the position of Japan as a leading country in regulated digital asset infrastructure amid the highly competitive stablecoin race. Particularly, the project is set to launch in Q2 2026 after the completion of regulatory authorizations.

Startale Group Joins SBI Holdings to Launch $JPYSC to Drive Digital Asset Infrastructure of Japan

The partnership between Startale Group and SBI Holdings introduces $JPYSC, the earliest yen stablecoin of Japan, backed by a trust bank. Following a clear legal model, the stablecoin promises a secure, interoperable, and compliant solution for blockchain networks and conventional financial institutions. If approved, the project will go live in the 2nd quarter of this year.

The initiative raises Japan’s status among the popular jurisdictions offering robust digital asset models. SBI Shinsei Trust Bank will issue $JPYSC, delivering a resilient basis for a globally trusted and well-regulated digital yen. In this respect, SBI VC Trade will serve as the main distribution collaborator, and Startale Group will lead integration and technical development.

Enabling Seamless On-Chain Payments and Wider AI Interoperability

SBI Holdings’ President, Chairman, and Representative Director, Yoshitaka, said that the joint issuance of the $YPYSC is poised to provide next-gen financial services with full TradiFi integration. Additionally, Startale Group’s CEO, Sota Watanabe, asserted that the initiative will play a key role in a completely on-chain world.

The executive added that, specifically, it will enable seamless payments between cutting-edge AI agents, along with driving stablecoin distributions. According to Startale Group, the new stablecoin prioritizes interoperability, permitting streamlined connectivity between blockchain ecosystems and traditional financial systems.

The respective approach lets institutions integrate digital yen into the current workflows without requiring an overhaul of the core infrastructure. Overall, the move underscores a notable step for Japan in the provision of a technologically advanced, regulated, and trusted solution when it comes to digital currency adoption.