JPYSC

Overview

JPYSC is a Japanese yen-pegged stablecoin issued by SBI Shinsei Trust & Banking in partnership with Startale Group, structured under Japan's Electronic Payment Instruments framework. It is described as a trust bank-backed yen stablecoin, with each token designed to maintain a 1:1 value relationship with the Japanese yen and backing assets held through a trust arrangement.

Because it is issued and transferred on blockchain networks, JPYSC is intended to support around-the-clock settlement and programmable transfers. Stated use cases include large-value corporate fund transfers, payments and settlement, and on-chain financial services, though actual availability and supported venues depend on Japanese regulatory requirements.