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BlackRock Backs Ripple Partner SBI in Yen Stablecoin Push as Japan Prepares First Regulated Digital Currency Launch

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BlackRock Backs Ripple Partner SBI in Yen Stablecoin Push as Japan Prepares First Regulated Digital Currency Launch

Blackrock on buildingBlackrock has signed on with SBI Holdings and Startale Group to explore plugging tokenized money market funds into JPYSC, Japan’s trust bank-backed yen stablecoin. The Signing The memorandum of understanding (MOU) brings together four entities, namely: SBI Holdings Startale Group Blackrock Financial Management Blackrock Japan The goal is to study whether tokenized money market funds […]

Source: https://news.bitcoin.com/stablecoins/blackrock-sbi-startale-jpysc-yen-stablecoin-tokenized-funds/

Sources: news.bitcoin.com · BLK Newsroom · Yahoo Finance · CoinGape · Cryptonews.net

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