# Startale Japan opens digital bond paid in JPYSC > Startale Japan opened the Startale Bond, a one-year digital corporate bond that pays interest and principal in JPYSC, the yen trust-type stablecoin from SBI Shinsei Trust Bank. - **Source:** https://ptycoin.com/en/posts/2026-10-07-startale-bond-jpysc-yen-stablecoin/ - **Published:** 2026-10-07 - **Category:** News - **Author:** Mateo - **Tags:** stablecoins, corporate, payments, banks, regulation, fintech - **Also published in:** [Español](https://ptycoin.com/es/posts/2026-10-07-startale-bond-jpysc-yen-stablecoin/) --- Startale Japan [opened](https://www.startale.com/en/blog/startale-bond) the offering of the Startale Bond, a digital corporate bond that pays both interest and principal redemption in JPYSC, a yen-denominated trust-type stablecoin. The official Japanese name is 株式会社Startale Japan 第1回保証付デジタル社債. The nickname is ステーブルコイン普及債, roughly the Stablecoin Popularization Bond. Startale Japan Co., Ltd. is the issuer and a wholly owned subsidiary of Singapore-based Startale Group. The guarantor is Startale Group Pte. Ltd., according to the company's [Japanese release on PR Times](https://prtimes.jp/main/html/rd/p/000000026.000114522.html). Startale Japan calls the issue Japan's first digital corporate bond to pay both interest and principal in a yen-denominated trust-type stablecoin, based on its own research as of September 30, 2026. The offering is open only to investors in Japan and is aimed at individual investors. Full terms are on the [offering site](https://startale.com/bond). ## JPYSC, the yen trust-type coin A stablecoin is a digital token built to hold a steady value against a government currency. JPYSC is issued by SBI Shinsei Trust Bank and is designed to track the yen 1:1. It qualifies as a Type 3 Electronic Payment Instrument under Japan's Payment Services Act, Startale said. The issuer of a Type 3 instrument is a trust bank or a trust company, according to SBI's [June 24 release](https://www.sbigroup.co.jp/news/2026/0624_16425.html). JPYSC was developed through a collaboration between the SBI Group and Startale Group. SBI Shinsei Trust Bank issues the coin and manages the trust assets that back it. SBI VC Trade is the issuance trustor and leads issuance and distribution. Startale Group builds the technology. SBI Holdings, SBI Shinsei Bank, SBI Shinsei Trust Bank, SBI VC Trade and Startale Group [said](https://www.sbigroup.co.jp/news/2026/0624_16425.html) on June 24, 2026 that JPYSC was issued that day and could then be used only inside SBI VC Trade accounts, with no transfers out to external wallets. The companies said they aim to move it to public blockchains once legal and tax treatment is settled, subject to the regulator's confirmation. As a trust-type coin, they said, it is not subject to the ¥1 million limit on balances and transfers that applies to the earlier fund-transfer-type stablecoins. ## ¥99.9 million, one year, 5.00% Startale Japan is offering ¥99.9 million (9,990万円), from ¥100,000 per unit, for a one-year term. The rate is 5.00% a year, fixed, pre-tax. Startale says that 5.00% is the highest level for a self-offered digital corporate bond for domestic individual investors, based on its own comparison as of September 30, 2026. According to the offering site, allocation may be by lottery depending on demand, and the bond cannot in principle be redeemed early or resold. The offering period runs from October 6 to November 10, 2026. The issue date is December 1, 2026. Interest is paid on June 1, 2027 and December 1, 2027. Redemption is December 1, 2027. Interest and redemption are received as JPYSC in the Startale App. Applications and holdings are handled online on a dedicated digital-bond platform. Startale Japan said the proceeds go to system development to use and spread JPYSC, business development and marketing, building out operations, and the bond's issuance and management costs. ## Watanabe on the JPYSC pilot Startale Japan said the issuance puts JPYSC into an actual corporate financing transaction and can potentially be extended to other businesses and financial institutions exploring the use of JPYSC. The English release lists three tests: using a yen stablecoin inside a conventional financial instrument, making scheduled interest and final principal payments onchain, and gathering experience for later work with businesses and financial institutions on stablecoins, tokenized assets and onchain capital markets. Sota Watanabe, CEO of Startale Group, said: "By bringing finance onchain, we want to create new options for corporate fundraising and individual investment. With this bond issuance, we are piloting JPYSC for actual interest and principal redemption payments. Learnings from this initiative will allow us to eventually expand this mechanism to a wide range of businesses across Japan, creating new mechanisms where people can continuously support companies through investment. We will continue pushing this frontier with the hope that, looking back in the years to come, this initiative will be remembered as a major turning point in finance." This article is not investment advice. --- ## Keep reading - [What is Bre-B? Banco de la República's instant-payment keys move pesos in about 20 seconds, and you can buy or cash out USDT only when the venue's deposit screen actually lists that rail instead of PSE](https://ptycoin.com/en/posts/2026-09-08-what-is-bre-b-colombia-stablecoins/index.md): Bre-B is Colombia's instant-payment rail: a llave, about 20 seconds, 24/7. Buy or cash out USDT only if the venue lists Bre-B; many still use PSE. - [How do you receive money in Mexico with stablecoins and SPEI? USDT or USDC lands on-chain or at a Mexican exchange, you sell for pesos, and SPEI pushes MXN to your 18-digit CLABE when CURP and bank details match](https://ptycoin.com/en/posts/2026-09-01-receive-money-mexico-stablecoins-spei/index.md): Receive USDT or USDC in Mexico, sell for pesos, SPEI to your CLABE. CURP, network choice, and matching names decide whether the cash-out clears in minutes. - [How do you buy and cash out USDT with Pix in Brazil? Deposit BRL at a local exchange, buy Tether, withdraw on-chain, then reverse the path to send reais back to your bank](https://ptycoin.com/en/posts/2026-08-25-buy-cash-out-usdt-pix-brazil/index.md): Buy USDT with Pix in minutes at a Brazilian exchange, withdraw to self-custody, then sell and Pix the reais home. Network choice and the R$35k DeCripto line matter. --- Source: PTYcoin — https://ptycoin.com/en/posts/2026-10-07-startale-bond-jpysc-yen-stablecoin/. Free to read and cite with attribution to ptycoin.com. 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