SBI Chairman: SBI will build a stablecoin payment system, and the path will be different from Japanese yen stablecoins such as JPYC

Odaily Planet Daily reported that today, at the WebX 2025 conference held in Tokyo, Japan, SBI Holdings Chairman Yoshitaka Kitao said that SBI Group is using its financial infrastructure to build a stablecoin payment system and is considering expanding blockchain-based low-fee payment services through its existing user base of approximately 42 million securities accounts.

Kitao Yoshitaka also mentioned that the SBI Group plans to adopt a unique path that differentiates it from existing stablecoin projects such as JPYC, focusing on a development strategy that meets regulatory compliance requirements. (Coinpost)