SBI Holdings to Launch Yen-Pegged Stablecoin with Startale in 2026
SBI Holdings plans to launch a yen-pegged stablecoin in collaboration with Startale, according to reports. The stablecoin is described as fully regulated and purpose-built for global settlement and institutional adoption. The expected launch date is Q2 2026. Stablecoins are cryptocurrencies designed to minimize price volatility, often by being pegged to a stable asset like the Japanese yen in this case. This development indicates continued interest in stablecoins for facilitating transactions and providing stability within the cryptocurrency market.
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.