SBI Holdings and Startale Group have announced plans to launch a regulated yen-backed stablecoin in the second quarter of 2026. The stablecoin will be issued under Japan's legal framework, with Shinsei Trust & Banking responsible for issuance and SBI VC Trade managing distribution. Startale Group will provide blockchain support for the project. The initiative aims to enhance institutional adoption by addressing both domestic and international settlement needs. This move aligns with Japan's strategic efforts to strengthen the yen's presence in the digital finance sector.