SBI Holdings and Startale Group have unveiled the name and branding for their jointly developed Japanese yen stablecoin, JPYSC. The token is scheduled for launch in Q2 2026, subject to regulatory approval, and will be issued as a trust-based digital yen by Shinsei Trust & Banking.
The companies said JPYSC is designed to operate across both traditional financial rails and blockchain networks, positioning it as a settlement asset intended for broad trust and regulated use. SBI VC Trade will act as the main distribution partner, while Startale Group is responsible for technical development and blockchain integration. The project’s blue logo is meant to reflect stability, security, and global connectivity, matching its role between banking systems and on-chain markets.
Institutional settlement and payment use cases come first
Executives said JPYSC is aimed at institutional applications, including treasury management, cross-border payments, and high-volume settlement. The token is also being built for enterprise-grade interoperability across financial networks and blockchain platforms. That places its focus on professional transaction flows rather than consumer payments at the initial stage.
Part of a wider digital asset buildout at SBI
JPYSC sits inside a broader digital asset strategy at SBI Holdings. Earlier this year, SBI and Startale Group introduced Strium Network, a purpose-built Layer-1 blockchain for trading and settling tokenized securities and real-world assets on a 24/7 basis. According to the announcement, Strium is intended to support on-chain spot and derivatives trading for tokenized equities, commodities, and asset-backed instruments, with completed proofs of concept used to validate settlement efficiency and interoperability with existing financial infrastructure.
SBI is also pursuing a majority stake acquisition in Singapore-based crypto platform Coinhako, a licensed digital asset exchange and payment infrastructure operator. If the deal is approved, Coinhako would become a consolidated subsidiary, expanding SBI’s reach in Southeast Asia and strengthening its ability to offer regulated digital services across both retail and institutional markets.
SBI leadership has tied the Coinhako plan, the Strium rollout, and the JPYSC launch to a single objective: building a global digital asset infrastructure spanning stablecoins, tokenized securities, and digital exchange networks. If regulatory steps move ahead on schedule, JPYSC’s planned Q2 2026 debut would add a new regulated yen-based asset to that framework.