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SBI Group Launches JPYSC, Japan's First Trust Bank-Backed Yen Stablecoin
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SBI Group Launches JPYSC, Japan's First Trust Bank-Backed Yen Stablecoin

The Japanese financial conglomerate announced the launch of JPYSC, a stablecoin pegged to the Japanese yen and issued through a trust bank structure. SBI Group described the product as the first of its kind in Japan, distinguishing it from other digital yen experiments that lack the same banking framework.

By Nathan Sinclair3 min readJune 24, 2026
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