Tokyo financial giant to launch Yen-denominated stablecoin to compete with dollar-backed coins

A major Tokyo-based financial company that has been a long-term backer of Ripple is now joining forces with Startale Group to launch a Yen-denominated stablecoin. SBI Holdings and Startale Group plan to release the stablecoin in the second quarter of 2026. The partnership brings together SBI’s standing as a key player in Japan’s financial sector […] source: https://www.cryptopolitan.com/tokyo-financial-giant-yen-stablecoin/