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 […]
Key Takeaways
- 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 […]
- Read the full article for additional context and details.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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