2026-01-02 07:26:21

Japan's financial ecosystem is accelerating its embrace of blockchain technology. SBI Holdings, Japan's largest online financial group—covering banking, securities, cryptocurrencies, and more—has partnered with Startale, a Web3-focused blockchain startup, to jointly promote the development of a Japanese stablecoin. Interestingly, Startale is also involved in the development of the Soneium blockchain network supported by Sony.

According to plans, this new Japanese yen stablecoin is set to launch in Q2 of this year. The official positioning is clear: fully regulated, aimed at global settlement, and prioritizing institutional users. It will complement the US dollar stablecoin architecture and support the payment and settlement for the upcoming 24-hour tokenized stock exchange.

Regulators are also very positive. Japan's Financial Services Agency has approved JPYC as the country's first Japanese yen stablecoin. Meanwhile, a stablecoin project jointly developed by Japan's Mizuho Bank, Mitsubishi UFJ Bank, and Sumitomo Mitsui Banking Corporation is also progressing. These actions indicate that traditional financial institutions are taking the future of tokenization seriously—from experimental exploration to real production-level applications. The infrastructure development for institutional-grade stablecoins is likely to become a key focus of Asian fintech in 2025.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

5 Likes

Reward
5
5
Repost
Share

Comment

0/400

DaoResearcher

· 5h ago

How is the governance structure design of the stablecoin projects of Japan's three major banks? Are there any publicly available proposal documents? From a Tokenomics perspective, this kind of multi-bank joint development incentive mechanism can easily fall into the dilemma of incentive incompatibility…

View OriginalReply0

ZKProofEnthusiast

· 5h ago

Japan's move this time is no joke; the three major banks are all on board. SBI is collaborating with Startale to develop a Japanese yen stablecoin, with Sony backing it up—this setup is quite impressive. Is it launching in Q2? We need to keep an eye on this progress. Institution-level infrastructure is being built, and Asia definitely has a shot this year. But to be fair, while regulatory friendliness is good, real implementation is the hard part. Japan jumping on the train for real this time. All three major banks are acting together; it feels like they’re serious this time. Japan is clearly betting on stablecoin infrastructure—it's a pretty smart move. Let's see the results in Q2; stay tuned. Japan's execution power is truly unmatched.

View OriginalReply0

SchrodingerWallet

· 6h ago

Japan is taking this seriously, even the big banks are moving It's coming, see you in Q2 Sony is involved? This means the stablecoin ecosystem is about to take off Institutional stablecoin infrastructure, Asia's fintech is set to soar in 2025 SBI collaborates with Startale, this pace... Japan is no longer pretending Regulation-friendly + big financial groups entering = a preview of stablecoin explosion? Three major banks working together, traditional finance is really afraid of being overtaken from behind From testing to production level, Japan's efficiency is quite good 24-hour tokenized stock trading... the potential is quite large

View OriginalReply0

GateUser-6bc33122

· 6h ago

Japan's move was brilliant; traditional giants are directly entering the scene. Stablecoins are definitely the future direction.

View OriginalReply0

ColdWalletGuardian

· 6h ago

Japan's recent moves are quite aggressive, with SBI collaborating with Sony. Major banks are also getting involved. It feels like the stablecoin sector is about to take off this year.

View OriginalReply0