SBI And Startale Put Yen Stablecoins Back In The Institutional Spotlight
TL;DR SBI Holdings and Startale Group have introduced JPYSC, a trust bank-backed yen stablecoin project. The structure is designed around Japan’s regulated trust-bank framework, with SBI VC Trade as distribution partner. The story matters because yen stablecoins could give Japanese institutions a clearer route into on-chain settlement. Japan’s Yen Stablecoin Race Gets More Institutional SBI…