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Deep Tide TechFlow News, on June 23, according to The Nikkei, SBI Group has obtained approval from the Financial Services Agency of Japan. The group plans to issue the yen-pegged stablecoin "JPYSC" within this week, becoming Japan’s first trust-type stablecoin. The stablecoin will be issued by SBI Shinsei Trust Bank, traded by SBIVCTrade, and jointly developed with Singapore fintech company Startale Group. SBI Group plans to deeply integrate JPYSC with its financial services including securities, crypto assets, and banking to improve user convenience.