SBI Holdings Partners with Startale for Yen-Denominated Stablecoin Launch

Startale Group and SBI Holdings to Develop Yen-Denominated Stablecoin

Startale Group and SBI Holdings signed a Memorandum of Understanding to create a yen-denominated stablecoin.
The stablecoin aims for global settlement and institutional use, leveraging Startale’s blockchain technology.
SBI Holdings will contribute its financial expertise in Japan.
The stablecoin is set to launch by Q2 2026.
Shinsei Trust & Banking will issue the stablecoin, while SBI VC Trade will manage its circulation.

Stablecoin Market Overview

The global stablecoin market is valued at $309.83 billion, with Tether dominating 60% of the market.
USDT tokens are widely used across multiple blockchains, including Aptos and TRON.