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

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According to Mars Finance, market sources indicate that 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 companies will collaborate on the development of this digital currency under a new agreement. Shinsei Trust & Banking will be responsible for the issuance and redemption management of the stablecoin, while SBI VC Trade, a licensed crypto exchage, will handle its circulation. This yen-denominated 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 regulatory compliance and promotion.

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