SBI Holdings and Startale to Explore Yen-Dollar Stablecoin Transfers
- —Open Standard counts over 140 members, including Visa, Stripe, Mastercard, BlackRock and Coinbase
- —The alliance launched in June 2026 to promote OUSD as a settlement layer
- —SBI already offers USDC and RLUSD stablecoins in Japan
- —No timeline for a live JPYSC-OUSD conversion has been announced; work remains at pilot stage
Why it matters: Linking yen and dollar stablecoins could speed on-chain settlement in Asia-Pacific, though liquidity impact is unclear until the pilot delivers results.
Source: CoinTrust