BlackRock and SBI Explore Yen Stablecoin Link for Tokenised Funds

TL;DR: SBI Holdings and Startale announced on October 27 that they signed a memorandum of understanding with BlackRock Financial Management and BlackRock Japan to explore connecting tokenised money-market funds with JPYSC, a yen-denominated stablecoin. The next substantive evidence would be a defined pilot or production product, identified eligible investors, published legal and operational documentation and verified settlement activity.
The latest development in BlackRock,’s corner of the dig