DeFi· ★★· neutral·

SBI and Startale to explore linking yen and dollar stablecoins JPYSC and OUSD

  • —JPYSC is issued by SBI Shinsei Trust Bank; OUSD is tied to Open Standard
  • —The pilot involves no client funds and has no launch date
  • —FX pricing, liquidity and redemption mechanics are still unresolved
  • —The Open Standard Alliance counts more than 200 payments and banking firms
Why it matters: The pilot could link yen and dollar stablecoins for cross-border flows, but without pricing, liquidity and redemption rules it remains a statement of intent.
Source: DiarioBitcoin
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