SBI And Startale Put Yen Stablecoins Back In The Institutional Spotlight
TL;DR SBI Holdings and Startale Group have launched JPYSC, a belief bank-backed yen stablecoin venture. The construction is designed round Japan’s regulated trust-bank framework, with SBI VC Trade as distribution accomplice. The story issues as a result of yen stablecoins may give Japanese establishments a clearer route into on-chain settlement. Japan’s Yen Stablecoin Race Gets…