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SBI and Startale Group plan to launch JPYSC, a yen stablecoin backed by a trust bank, in Q2 2026 for cross-border payments and treasury management. The stablecoin aims to provide a regulated digital JPY alternative to USD stablecoins, with interest from banks, financial firms, and large corporations. Operating under Japan’s Type III framework, JPYSC offers global interoperability and high-volume transaction capabilities.
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