Startale Group and SBI Holdings have introduced a new stablecoin in Japan called JPYSC. This stablecoin will be issued within Japan's legislative framework and will be backed by a trust bank. The project is planned to be launched in the second quarter of 2026.
Redaksiya reports that Startale Group and SBI Holdings Inc. introduced JPYSC this week, describing it as Japan's first trust bank-backed stablecoin issued within the country's legal framework. This innovative project marks the beginning of a new era in Japan's digital asset market.
The main goal of JPYSC is to provide a reliable and secure digital payment instrument in compliance with existing regulations for stablecoin usage in Japan. The companies believe that JPYSC will be a significant step for the development of the financial technology sector in Japan. Detailed information and technical specifications regarding the stablecoin's issuance will be shared with the public in the near future.