The Japanese trust bank’s custody of the Japanese yen stablecoin is finally here; JPYSC is not limited by the 1 million cap, institutional-level RWA settlement infrastructure +1

CryptoWorld News, Japan's financial group SBI has partnered with Startale to issue a trust-structured Japanese Yen stablecoin JPYSC, with reserve assets held by SBI Shinsei Trust Bank, and SBI VC Trade responsible for issuance and circulation. JPYSC is Japan's first Yen stablecoin backed by a trust bank and classified as an electronic payment method under the Payment Services Act, not subject to the single transaction and 1 million Yen balance limit. JPYSC can serve as an on-chain foreign exchange, institutional lending, and RWA settlement underlying asset, currently only available to users with SBI VC Trade accounts, with plans to launch JPYSC lending services on the exchange in the future.