CoinPost and SBI VC Trade to hold JPYSC stablecoin seminar

The corporate-focused event will explain the trust-based yen-denominated stablecoin’s framework, mechanics, purchasing process and potential business uses.

Summary

CoinPost said it will jointly host a seminar with SBI VC Trade Co., Ltd. focused on the trust-based yen-denominated stablecoin JPYSC. The event is aimed at corporate participants and will cover the token’s regulatory framework, operational structure, purchasing process and practical use cases. The announcement frames the seminar as an introduction to the potential of yen-denominated stablecoins for businesses.

Terms & Concepts
  • stablecoin: Crypto token designed to track a reference asset
  • trust-based: Structured through a trust arrangement to manage backing assets
  • yen-denominated: Priced or pegged in Japanese yen