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

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SBI Group launched JPYSC, a trust-type yen stablecoin that is not subject to 1 million yen transaction and balance limits. SBI Group completed the first issuance with Startale Group. SBI said JPYSC is Japan's first yen stablecoin with reserve assets managed by a trust bank.
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