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Blackrock Joins Ripple Ally SBI in a Yen Stablecoin Bet on Japan

Blackrock has signed on with SBI Holdings and Startale Group to explore plugging tokenized money market funds into JPYSC, Japan’s trust bank-backed yen stablecoin. The Signing The memorandum of understanding (MOU) brings...

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Published in the last two hours. 3 independent sources are tracking the same story.

Blackrock Joins Ripple Ally SBI in a Yen Stablecoin Bet on Japan
Blackrock has signed on with SBI Holdings and Startale Group to explore plugging tokenized money market funds into JPYSC, Japan’s trust bank-backed yen stablecoin. The Signing The memorandum of understanding (MOU) brings together four entities, namely: SBI Holdings Startale Group Blackrock Financial Management Blackrock Japan The goal is to study whether tokenized money market funds […]

Why this matters

BlackRock is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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