According to an official announcement on October 16, 2026, SBI Holdings and Startale Group have joined Open Standard, an industry alliance of 140+ members including Visa, Stripe, Mastercard, BlackRock, and Coinbase. The companies plan to explore interoperability between JPYSC, a yen-denominated stablecoin issued by SBI Shinsei Trust Bank, and Open USD (OUSD), a dollar-denominated stablecoin designed for on-chain settlement.

SBI Holdings is pursuing the initiative as part of a broader strategy to develop an Asia-Pacific digital economic network. The proposed connection between the two currencies could enable faster on-chain settlement between yen and dollars, while SBI Group already offers USDC and RLUSD in Japan. The companies have not confirmed a timeline for a live conversion service.

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