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According to ChainCatcher, market sources report that Japanese blockchain infrastructure company Startale Group and Japanese financial group SBI Holdings plan to launch a fully regulated, yen-pegged stablecoin to support global settlements by the second quarter of 2026. The two parties will cooperate to develop this digital currency under a new agreement. Shinsei Trust & Banking will be responsible for the issuance and redemption management of the stablecoin, while SBI VC Trade, as a licensed crypto exchange, will handle its circulation. This yen stablecoin will be issued by a trust bank and is intended for global settlements and institutional use. Startale will be responsible for technical development, while SBI will focus on compliance, regulation, and promotion of issuance.

ChainCatcher news, according to Dlnews, Russia's largest bank Sberbank is testing a variety of decentralized finance (DeFi) products in response to the growing demand for cryptocurrency trading from its customers. Anatoly Popov, Deputy Chairman of the Management Board of Sberbank, stated that Sberbank will work with regulators to develop digital asset products and believes that traditional banking and DeFi will soon converge. Although the Central Bank of Russia has previously taken a cautious stance on cryptocurrencies, its position has softened as Russia's bitcoin mining industry grows and more traders use cryptocurrencies as tools for cross-border settlements. Sberbank also expressed interest in public blockchains such as Ethereum, and plans to explore asset tokenization and connections with decentralized finance platforms. Reportedly, Sberbank has a market capitalization of about $83 billion, with approximately 109 million retail customers and over 3 million corporate clients.