SBI Holdings and Startale to Launch Regulated Yen Stablecoin in 2026
Japan's SBI Holdings and blockchain firm Startale are collaborating to introduce a yen-pegged stablecoin by Q2 2026. The digital asset will be issued by Shinsei Trust & Banking under Financial Services Agency (FSA) oversight, targeting institutional finance and cross-border settlements.
The partnership leverages Japan's updated stablecoin framework to bridge traditional finance with digital assets. SBI VC Trade, a licensed crypto exchange, will manage circulation while Startale handles blockchain infrastructure. The project emphasizes compliance, with programmable settlement rails designed for global institutional adoption.
"This marks a strategic evolution of Japan's digital asset ecosystem," said Yoshitaka Kitao of SBI Holdings. The stablecoin will complement Startale's existing USD-denominated offering, creating a 24/7 tokenized finance platform.