SBI Chairman: SBI will build a stablecoin payment system, and the path will be different from JPYC and other yen stablecoins.

GateNews

2025-08-25 05:20:29

Odaily News Today, at the WebX 2025 conference held in Tokyo, Japan, SBI Holdings Group Chairman Yoshitaka Kitao stated that the SBI Group is building a stablecoin payment system utilizing its financial infrastructure, considering to expand low-fee payment services based on blockchain through its existing user base of approximately 42 million securities accounts. Yoshitaka Kitao also mentioned that the SBI Group plans to adopt a unique path that differentiates it from existing stablecoin projects like JPYC, focusing on a development strategy that meets regulatory compliance requirements. (Coinpost)

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

No comments