SBI Holdings and Startale to Launch Regulated Yen-Backed Stablecoin by Q2 2026

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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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