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Startale Bond Puts a Yen Stablecoin to Work in Corporate Finance

Startale Japan has launched a digital corporate bond that will pay both interest and principal in JPYSC, a yen-denominated stablecoin issued by SBI Shinsei Trust Bank. The company describes it as the first digital corporate bond in Japan to use a yen-denominated trust-type stablecoin for both types of payments, based on the firm’s research as…

Japanese Yen billStartale Japan has launched a digital corporate bond that will pay both interest and principal in JPYSC, a yen-denominated stablecoin issued by SBI Shinsei Trust Bank. The company describes it as the first digital corporate bond in Japan to use a yen-denominated trust-type stablecoin for both types of payments, based on the firm’s research as […]

Source: https://news.bitcoin.com/stablecoins/startale-bond-puts-a-yen-stablecoin-to-work-in-corporate-finance/