Search results for SBI Shinsei Trust Bank
Crypto
BDACS CSO Kim Tak-jong says won stablecoin should target payment areas previously hard to reach
Digital asset infrastructure company BDACS held a Korea Blockchain Week 2026 side event with Circle, Kyobo Life Insurance and SBI Holdings. Participants from financial institutions and the digital asset industry discussed directions for developing stablecoin-based financial infrastructure. BDACS presented use cases for a won stablecoin and demonstrated an onchain exchange of KRW1 and USDC in a testnet environment using Circle’s StableFX program.
Crypto
SBI adds Japanese short-term government bonds to reserves for yen stablecoin JPYSC
SBI Group has started managing part of the collateral for yen-pegged stablecoin JPYSC in short-term Japanese government bonds. SBI Shinsei Trust Bank and SBI VC Trade said they began the operation on Sept. 7, covering 1 billion yen of trust assets. The move uses provisions of Japan’s revised Payment Services Act, effective June 2026, which allows up to 50 percent of trust-type stablecoin reserves to be held in short-term government bonds or time deposits.
Crypto
Lawson to test stablecoin payments at convenience stores with JPYC from August
Japan\'s convenience store chain Lawson will introduce payments using yen-pegged stablecoin JPYC at stores from August. A pilot is set for early August at a Lawson store operated by telecoms company KDDI, using a smartphone wallet barcode scanned by a POS terminal. Lawson plans to check POS integration and payment time. KDDI has a capital and business tie-up with wallet firm HashPort, which supports the trial.
