SBI Group Joins Open Standard Coalition to Link JPYSC and OUSD Stablecoins

Key Facts

1SBI Group and Startale joined the Open Standard coalition, backed by major institutions including Coinbase and Visa.

2SBI will participate in a proof-of-concept project connecting OUSD and JPYSC stablecoins to facilitate cross-border settlements.

SBI Group and Startale joined the Open Standard coalition, backed by major financial institutions including Coinbase and Visa. According to crypto-economy.com, SBI will participate in a proof-of-concept project connecting the OUSD and JPYSC stablecoins to facilitate more efficient cross-border settlements between the US dollar and Japanese yen.

The initiative involves several major market players whose stocks showed varied performance recently; COIN closed at $183.81 and V closed at $399.75 on October 15, 2026. On the same date, MA recorded a closing price of $616.32 while BLK closed at $1120.78, as these institutions explore institutional adoption of blockchain interoperability standards.