Japan’s SBI Group Flips the Stablecoin Script With $63M-Backed JPYSC Launch
Key Takeaways SBI Shinsei Trust Bank issued JPYSC on June 24, 2026, as Japan’s first Type III trust-backed yen stablecoin. JPYSC carries no transaction caps and allows up to 50% JGB reserves, advantages JPYC cannot match. SBI VC Trade handles distribution initially, with public blockchain expansion pending regulatory and tax clarity. What JPYSC Is and…