[SBI Holdings and Startale Plan to Launch Regulated Yen Stablecoin in Q2 2026] Odaily Planet Daily News: Japanese financial group SBI Holdings and Web3 infrastructure company Startale Group have signed a Memorandum of Understanding (MoU) to develop a fully regulated yen-denominated stablecoin, targeting the tokenized asset market and global settlements. According to the MoU, the project will be issued and redeemed by Shinsei Trust & Banking, a wholly-owned subsidiary of SBI Shinsei Bank, while circulation of the stablecoin will be supported by licensed crypto asset trading service provider SBI VC Trade. Yoshitaka Kitao, Representative Director, Chairman, and President of SBI Holdings, stated that issuing a yen stablecoin with Startale will serve as the foundation for Japan's transition to a token economy. The stablecoin is expected to launch in Q2 2026, with the exact timeline dependent on regulatory approval and the completion of compliance frameworks. This move comes as Japan accelerates stablecoin issuance efforts under a clear regulatory framework, placing trust banks and licensed entities at the center of on-chain settlement infrastructure.