Startale Group and SBI Holdings Launch JPYSC Trust Bank-Backed Stablecoin
**Startale Group and SBI Holdings have launched JPYSC**, a trust bank-backed stablecoin designed to bring more users onchain.
**Why it matters:**
- Trust bank-backed stablecoins provide critical infrastructure for blockchain adoption
- Represents a significant step in Japan's regulated digital asset ecosystem
- Builds on previous collaboration between Chainlink and SBI Group from August 2025
**Background:**
This launch follows SBI Group's ongoing efforts to advance tokenized assets and stablecoins in Japan, including their partnership with Chainlink to develop secure, scalable blockchain solutions.
The JPYSC stablecoin aims to provide a stable, regulated on-ramp for Japanese users entering the blockchain ecosystem.