SBI Holdings and Startale plan to launch a regulated yen stablecoin in the second quarter of 2026

According to market news, Japanese blockchain infrastructure company Startale Group and Japanese financial group SBI Holdings plan to launch a fully regulated, yen-pegged stablecoin by the second quarter of 2026 to support global settlements.

The two parties will collaborate on the development of this digital currency based on a new agreement. Shinsei Trust & Banking will be responsible for the issuance and redemption management of the stablecoin, while SBI VC Trade, as a licensed crypto exchange, will handle its circulation. This yen stablecoin will be issued by a trust bank and is intended for global settlements and institutional use. Startale will be responsible for technology development, while SBI will focus on compliance regulation and issuance promotion.