SBI and Startale Group Launch Japan’s First Trust-Based Yen (JPYSC) Stablecoin

The post SBI and Startale Group Launch Japan’s First Trust-Based Yen (JPYSC) Stablecoin appeared first on Coinpedia Fintech News

On June 24, SBI Group and Startale Group launched JPYSC, the country’s first trust-based yen stablecoin. The launch comes as countries and financial institutions worldwide race to build regulated stablecoin infrastructure.  While most of the stablecoin market is dominated by dollar-backed tokens like USDT and USDC, Japan is now making a serious push for the …