SBI Group and Startale Group have launched JPYSC, Japan’s first trust-type yen-denominated stablecoin, with initial access limited to SBI VC Trade account holders. The stablecoin is issued by SBI Shinsei Trust Bank and distributed through SBI VC Trade, with Startale Group supporting blockchain infrastructure and ecosystem development.
Unlike existing stablecoins based on money transfer business regulations, JPYSC is designed without transaction and balance limits, enabling larger transfers and lower-cost digital settlements. The companies aim to expand its use across areas such as on-chain foreign exchange, institutional lending, tokenized asset settlements, domestic payments, and cross-border transactions.
Also Read: Tradeum and JPYC Launch Cross-Border Stablecoin Payments
Currently, JPYSC cannot be transferred to external wallets. SBI Group plans to enable public blockchain circulation once regulatory and tax frameworks are finalized. The initiative reflects Japan’s growing focus on regulated digital assets and blockchain-based financial infrastructure.


