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Tuesday, October 27, 2026Updated 10:56 UTC

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Blackrock Joins Ripple Ally SBI in a Yen Stablecoin Bet on Japan

Source: Bitcoin News · Oct 27, 2026 07:30 UTC

Wall Street in New York's Financial District with flags hanging from buildings — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Blackrock has signed on with SBI Holdings and Startale Group to explore plugging tokenized money market funds into JPYSC, Japan’s trust bank-backed yen stablecoin. The Signing The memorandum of understanding (MOU) brings together four entities, namely: SBI Holdings Startale Group Blackrock Financial Management Blackrock Japan The goal is to study whether tokenized money market funds […]

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