SBI Group and Ondo Finance are teaming up to tokenize Japanese assets, with SBI’s yen-backed JPYSC stablecoin set to handle settlement and collateral. It’s a serious push to bring real-world assets onchain — but the real test will be whether the legal plumbing and distribution actually hold up.
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SBI and Ondo are teaming up to tokenize Japanese assets, with SBI’s yen-backed JPYSC stablecoin set to handle settlement and collateral. It’s a serious push into onchain finance — but launch timing, first assets, and the regulatory setup are still under wraps.
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SBI has launched JPYSC, a trust-backed yen stablecoin built for institutional settlement, tokenized assets, and cross-border payments. Unlike earlier capped models, it’s designed as regulated financial infrastructure with real reserve segregation and redemption rights.
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SBI Group and Startale have unveiled JPYSC, a yen-backed stablecoin built for tokenized asset settlement and on-chain finance. The idea is big; the launch timing isn’t fully clear, with materials conflicting on whether it’s live now or planned for 2026.
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