SBI Group Unveils Ambitious Plan for On-Chain Finance Revolution
SBI Group is making significant strides in advancing on-chain finance across various areas, including stablecoins and payments, all centered around their cryptocurrency exchange operations.
The group has been acquiring key players in the industry, with the complete acquisition of Bitbank announced in June 2026 for a total price of 46.7 billion yen.
SBI VC Trade handles USD-pegged stablecoins 'USDC' and 'RLUSD', as well as Japan's first trust-based yen-pegged stablecoin 'JPYSC', issued by SBI Shinsei Trust Bank in June 2026.
Masashi Okuyama, Director of SBI Holdings, envisions a world where all assets are traded on-chain globally, with mediums like stablecoins facilitating payments 24/7. He emphasizes that this vision is not limited to banks but includes securities, asset management, and financial functions.