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

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.