Japanese Financial Giant SBI to Launch Regulated Yen Stablecoin

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SBI Holdings, a major financial conglomerate in Tokyo, has announced a partnership with blockchain firm Startale Group to create a Japanese yen-pegged stablecoin. The collaboration will combine SBI’s financial market strength with Startale’s Web3 expertise, which includes work on the Sony-supported Soneium network.

Yoshitaka Kitao, Chairman of SBI Holdings, stated that the move toward a ‘token economy’ is now irreversible. He said the goal is to circulate the stablecoin globally to accelerate the integration of digital and traditional financial services. The planned stablecoin is slated for launch in the second quarter of 2026 and is described as a fully regulated instrument designed for global settlement and institutional use.

Issuance and redemption will be managed by Shinsei Trust & Banking, part of SBI Shinsei Bank. Circulation will be facilitated by the licensed exchange SBI VC Trade. This initiative follows Startale’s recent launch of Startale USD (USDSC), a dollar stablecoin for use on Soneium.

The upcoming yen stablecoin and USDSC are intended to form a complementary set of currencies for a planned 24/7 tokenized stock exchange being developed by the Startale-SBI alliance.