Derived from Chaincatcher, Japanese blockchain infrastructure firm Startale Group and financial group SBI Holdings plan to launch a fully regulated yen-backed stablecoin by Q2 2026 to support global settlements. Under a new agreement, Shinsei Trust & Banking will manage issuance and redemption, while SBI VC Trade, a licensed crypto exchange, will handle circulation. The stablecoin will be issued by a trust bank for global settlements and institutional use, with Startale responsible for technical development and SBI focusing on compliance and promotion.
SBI Holdings and Startale to Launch Regulated Yen-Backed Stablecoin by Q2 2026
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Summary
SBI Holdings and Startale Group are set to launch a regulated yen-backed stablecoin by Q2 2026 to support global settlements. Shinsei Trust & Banking will manage issuance and redemption, while SBI VC Trade will handle circulation. The token launch will be issued by a trust bank for institutional use, with Startale handling technical development and SBI overseeing compliance and promotion. The project aims to expand crypto settlement infrastructure in Japan.
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