JPYSC
−0.6%BlackRock partners with SBI and Startale to explore stablecoin integration
Image: CoinGapeBlackRock signed a memorandum of understanding with SBI Holdings and Startale Group. The companies will study connecting tokenized money market funds with the yen-pegged stablecoin JPYSC. The exploration will examine technology, infrastructure, business, distribution, regulation, and market development. JPYSC launched in June 2026 as Japan's first trust-bank-backed yen stablecoin. SBI and Startale also joined the Open Standard alliance alongside BlackRock and Visa.
Key points
- BlackRock signed a memorandum of understanding with SBI Holdings and Startale Group.
- The companies will explore connecting tokenized money market funds with the JPYSC stablecoin.
- SBI and Startale joined the Open Standard alliance with BlackRock and Visa.
Why it matters
Exploring connections between tokenized money market funds and yen stablecoins highlights ongoing efforts to link traditional financial products with blockchain settlement rails.
Price context · JPYSC
At publication
$0.006340
Now
$0.006337
Change since
−0.06%
7 days · dashed line = publication
Sources · 3 publishers
Crypto Briefing
Tier 2
BlackRock signs MOU with SBI and Startale to explore linking tokenized MMFs with yen stablecoin JPYSC
CoinGape
Tier 2
BlackRock Joins Ripple-Partner SBI Holdings and Startale to Link Tokenized MMFs with JPYSC
Coverage timeline
- First reported by The Block
- Also reported by Crypto Briefing
- CryptoVideos brief published
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