Startale to Launch Bank-Backed Yen Stablecoin JPYSC in Coming Months

According to Startale CEO Sota Watanabe, the Japanese Web3 infrastructure company will launch JPYSC, a bank-backed Japanese yen stablecoin, within coming months. Startale Labs completed a $63 million Series A funding round in March, led by Sony Innovation Fund, with participation from Samsung Next, UOB Venture Management, and SBI Holdings.

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