SBI New Trust Bank (the issuer behind JPYSC stablecoin) is absorbing a crypto asset trust company this December.
Another brick in Japan's regulated stablecoin infrastructure. SBI's been stacking licenses and entities to dominate the yen-pegged stable game.
If you're watching Asian stablecoin plays or $JPYSC adoption, this consolidation = streamlined custody + compliance under one roof. Bullish for institutional onramps in Japan.
Another brick in Japan's regulated stablecoin infrastructure. SBI's been stacking licenses and entities to dominate the yen-pegged stable game.
If you're watching Asian stablecoin plays or $JPYSC adoption, this consolidation = streamlined custody + compliance under one roof. Bullish for institutional onramps in Japan.