The post Japan Unveils First Trust Bank-Backed Yen Stablecoin JPYSC as Asia’s Crypto Rules Take Shape appeared first on Coinpedia Fintech News
Japan just made a bold move in the global stablecoin race. SBI Holdings and Startale Group officially unveiled JPYSC, a Japanese yen stablecoin issued by SBI Shinsei Trust Bank, making it the first trust bank-backed stablecoin in the country. The token is targeting a Q2 2026 launch, pending regulatory approval. Unlike the existing JPYC stablecoin …