The companies aim to use the yen-pegged digital token for business-to-business settlements, cross-border payments, and AI-agent transactions, according to the source.
SBI and Startale plan to launch what the source describes as Japan’s first trust bank-backed yen stablecoin in the second quarter. The token is intended for enterprise business-to-business settlements, cross-border payments, and AI-agent transactions. A stablecoin is a digital token designed to maintain a fixed value, typically by being linked to a fiat currency such as the Japanese yen. The planned use cases suggest a focus on practical payment infrastructure rather than retail trading, especially in areas where blockchain-based settlement can help reduce friction in corporate transfers and international transactions.