Startale Opens Japan Digital Bond Paying Interest And Principal In JPYSC
Summary
Startale Japan opened subscriptions for a one-year digital corporate bond totaling ¥99.9 million, with a 5% annual interest rate before tax. Investors can apply in ¥100,000 increments through November 10; issuance is scheduled for December 1. Interest payments and the principal redemption in December 2027 will be paid in JPYSC, a yen-pegged stablecoin issued by SBI Shinsei Trust Bank, through the Startale App. The Japan-only offering tests stablecoin settlement within a conventional bond, though its small size limits its immediate market impact.
