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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 [...]

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