Startale Japan Issues First Corporate Bond Paying Interest and Principal in Yen Stablecoin JPYSC
Startale Japan launched a digital corporate bond using JPYSC stablecoin for both interest and principal payments, a first for Japan as of September 30.
Why it matters
The bond represents a test of stablecoins in traditional corporate financing structures in Japan, putting a yen stablecoin directly into a conventional financial product.
Key facts
Startale Japan launched a digital corporate bond paying interest and principal in JPYSC stablecoin
Reported by Bitcoin.com News
JPYSC is a yen-denominated stablecoin issued by SBI Shinsei Trust Bank tracking the yen 1:1
Reported by Bitcoin.com News
Startale Group provides the underlying technology for the bond
Reported by Bitcoin.com News
The bond is available only to individual and corporate investors in Japan
Reported by Bitcoin.com News
Bond size, coupon rate, and maturity date were not disclosed
Reported by Bitcoin.com News
Startale claims this is Japan's first digital corporate bond using a yen-denominated trust-type stablecoin for both payments as of September 30
Reported by Bitcoin.com News
What happened
Startale Japan Co. Ltd. issued a digital corporate bond that distributes both interest and principal in JPYSC, a yen-denominated stablecoin issued by SBI Shinsei Trust Bank. The bond is available only to individual and corporate investors in Japan. Startale Group provides the underlying technology while SBI Shinsei Trust Bank issues JPYSC and manages the backing assets. Key details including the bond's size, coupon rate, and maturity date were not disclosed in the announcement. The company describes this as Japan's first digital corporate bond using a yen-denominated trust-type stablecoin for both payment types based on research as of September 30.
How the story developed
- First report
First report by Bitcoin.com News
Startale Bond Puts a Yen Stablecoin to Work in Corporate Finance
- Update
Startale Japan announces digital corporate bond with JPYSC payments
Original announcement shared with Bitcoin.com News
- Independent corroboration
Independently corroborated by Crypto.News
OKX launches flexible USDC loans in Europe
How coverage built up
Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.
- 7 Oct 2026, 01:30 UTC: Bitcoin.com News, official — 1 independent source, 1 reports
- 9 Oct 2026, 19:25 UTC: Crypto.News — 2 independent sources, 2 reports
- 10 Oct 2026, 14:15 UTC: Crypto News (CryptoNews.net) — 3 independent sources, 3 reports
Affected entities
Also mentioned: Tether USDt, Binance, Bitcoin, Ethereum, United States, Solana
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Bitcoin.com News Company, official | Startale Bond Puts a Yen Stablecoin to Work in Corporate Finance | Original | |
| Crypto.News Crypto media | OKX launches flexible USDC loans in Europe | Independent | |
| Crypto News (CryptoNews.net) Aggregator | OKX Launches OKX Money and Tokenized Securities Venue | Syndicated | |
| Crypto News (CryptoNews.net) Aggregator | USDe’s Leverage Loops Under Fire from OKX CEO Star Xu | Syndicated |
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