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SBI Group launches Japan’s first trust bank-backed stablecoin JPYSC

JPYSC's availability will be limited to SBI VC Trade accounts, until regulatory and tax treatment of the stablecoin is clarified.

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Fresh in the current trading session. The story has cross-source confirmation.

SBI Group launches Japan’s first trust bank-backed stablecoin JPYSC

JPYSC's availability will be limited to SBI VC Trade accounts, until regulatory and tax treatment of the stablecoin is clarified.

Why this matters

This maps to the Stablecoins hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.

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