SBI Holdings and Startale Group team up to develop a fully regulated yen-denominated stablecoin for global settlement. The initiative aims to bridge traditional finance and blockchain-based payments, positioning Japan to challenge dollar dominance in the $300 billion stablecoin market. The two companies have signed a memorandum of understanding to co-develop a compliant, tokenized yen designed for enterprise use and cross-border settlements. "The transition to a 'Token Economy' where all real-world assets are tokenized and tokens permeate society as a means of settlement - is now an irreversible societal trend,” said ... (full story)