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SBI Holdings and the Startale Group announced the launch of the Japanese Yen stablecoin JPYSC, issued and managed by SBI Shinsei Trust Bank. SBI VC Trade will serve as the primary distribution partner, while Startale is responsible for technical development. JPYSC is targeted at institutional and cross-border payment scenarios, supporting traditional infrastructure and multi-chain interoperability. The product is expected to go live in Q2 2026, pending regulatory approval. (The Block)