Startale Opens Japan Digital Bond Paying Interest And Principal In JPYSC
TL;DR Startale Japan has opened subscriptions for a one-year digital corporate bond that pays interest and principal in JPYSC. The offering totals ¥99.9 million, carries a fixed 5% annual pre-tax rate and is available from ¥100,000 per unit. JPYSC is a yen-denominated trust-type stablecoin issued by SBI Shinsei Trust Bank. A Japanese corporate bond is…
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…