Multiple credible financial and crypto-industry news reports consistently indicate that major Japanese banks, including those working with leading securities houses like Nomura Holdings and Daiwa Securities, are developing or testing bank-issued stablecoins for securities settlement. These reports describe pilot programs and collaborative efforts involving Japan’s megabanks under the regulatory framework established by Japan’s Financial Services Agency. None of the verified sources mention SBI Holdings as part of these initiatives, and the available primary materials attribute the projects to other banks and securities firms. Although direct quotes from SBI Holdings’ CEO explicitly denying involvement are limited, the absence of SBI in the reported consortia and the specificity of participating institutions imply non-involvement. Given PANews and MK.co.kr’s higher authority and direct reporting on this collaboration, the statement that major Japanese banks are considering stablecoins for stock settlement is strongly supported, while the claim that SBI Holdings’ CEO stated non-involvement is plausible but less directly evidenced. Overall, the weight of evidence favors the statement’s truthfulness with high confidence.