JPYSC (JPYSC) stablecoin analytics
JPYSC is Shinsei Trust & Banking's closed-loop yen stablecoin for verified SBI VC Trade users, awaiting public-chain circulation.
Static Profile
Static stablecoin profile
JPYSC (JPYSC) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Japanese Yen.
AI summary / Updated Aug 5, 2026
JPYSC went live on June 24, 2026 — Japan's first stablecoin issued through a trust bank rather than under JPYC's prepaid-instrument workaround, and that distinction is still the entire product. Shinsei Trust & Banking issues, SBI VC Trade distributes, and Startale Group (the...
AI summary · drafted by claude-fable-5 · facts as of Aug 5, 2026
- Collateral
- Segregated Shinsei Trust & Banking trust accounts holding yen cash and Japanese government bonds, with JGBs capped at 50% of reserves under Japan's Type III Electronic Payment Instrument framework
- Peg Mechanism
- Trust-bank-backed JPY stablecoin issued by Shinsei Trust & Banking and distributed by SBI VC Trade. The June 24, 2026 launch is closed-loop for verified SBI VC Trade users; external-wallet withdrawals and public-chain circulation remain pending legal, tax, and deployment clarity.
- Jurisdiction
- Japan / Financial Services Agency (FSA)
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
- Contracts
- No contract deployments are listed in the static profile.
Snippet Answer
Is JPYSC safe?
Pharos does not mark JPYSC as absolutely safe. Static metadata says JPYSC uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with curated reserve profile; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety jpysc-sbi-startale
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Aug 5, 2026.
JPYSC quick answers
What is JPYSC?
JPYSC is Shinsei Trust & Banking's closed-loop yen stablecoin for verified SBI VC Trade users, awaiting public-chain circulation. The static profile records its Japanese Yen peg mechanism as: Trust-bank-backed JPY stablecoin issued by Shinsei Trust & Banking and distributed by SBI VC Trade. The June 24, 2026 launch is closed-loop for verified SBI VC Trade users; external-wallet withdrawals and public-chain circulation remain...
Is JPYSC safe?
Pharos does not mark JPYSC as absolutely safe. Static metadata says JPYSC uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with curated reserve profile; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs JPYSC?
Pharos classifies JPYSC backing as Real-World Asset Backed. Collateral, per the static profile: Segregated Shinsei Trust & Banking trust accounts holding yen cash and Japanese government bonds, with JGBs capped at 50% of reserves under Japan's Type III Electronic Payment Instrument framework Reserve evidence: curated reserve profile.
Can JPYSC be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for JPYSC, when applicable, appear in the dossier below.