SBI Holdings Partners with Startale for 2026 Yen Stablecoin
In a move to bridge traditional finance and digital assets, Japan’s SBI Holdings is teaming up with Startale Group to develop a yen-denominated stablecoin. The partnership leverages SBI’s established financial footprint and Startale’s blockchain proficiency, notably from co-developing the Soneium network with Sony.
The companies position the stablecoin as part of an inevitable shift to a ‘token economy’. SBI’s Chairman, Yoshitaka Kitao, emphasized the aim to circulate the coin globally to speed up the fusion of digital and conventional financial services. The regulated stablecoin is targeted for a Q2 2026 release and is being built specifically for worldwide settlement and institutional adoption.
Operational roles have been assigned: Shinsei Trust & Banking, an SBI subsidiary, will handle issuance and redemption, while licensed crypto exchange SBI VC Trade will manage its circulation. This project expands Startale’s stablecoin portfolio, which already includes the dollar-based USDSC on the Soneium network.
Together, the yen and dollar stablecoins are expected to serve as a foundational “currency stack” for a future tokenized stock exchange operating around the clock.
