SBI and Startale Test Yen-Dollar Stablecoin Payments Using Open Standard
SBI Holdings and Startale Group are developing interoperability between JPYSC and OUSD stablecoins for cross-border transactions.
SBI Holdings and Startale Group are developing interoperability between JPYSC and OUSD stablecoins for cross-border transactions. Open USD (OUSD) is trading at $0.9997. This is an original TLT brief based on reporting by TronWeekly, with live market data added, as of Sat, 17 Oct 2026 04:45:02 UTC.
This development aims to improve the efficiency of cross-border yen-dollar payments using blockchain technology, potentially reducing costs and increasing transaction speed. The use of an open standard could also encourage wider adoption of stablecoins for international remittances.
- SBI Holdings and Startale Group are testing JPYSC and OUSD interoperability.
- The project uses Open Standard to facilitate cross-border yen-dollar payments.
- OUSD has a circulating supply of $825.21M (DeFiLlama).
SBI Holdings, a major Japanese financial services company, and Startale Group, a blockchain technology firm, are collaborating on a project to test the interoperability between JPYSC and OUSD stablecoins.
The project utilizes Open Standard, an open-source protocol, to facilitate cross-border transactions between the Japanese yen and the US dollar using blockchain technology.
This development is significant as it aims to improve the efficiency and reduce the costs associated with international remittances, which are traditionally slow and expensive.
The OUSD stablecoin, which is backed by the US dollar, has a circulating supply of $825.21 million, according to DeFiLlama.
The broader crypto market remains relatively stable, with a total market cap of $2.81 trillion. 
Bitcoin is down 0.62% in the last 24 hours, while the Fear & Greed Index stands at 55, indicating a state of 'Greed' among investors.
Since this brief published about 13 hours ago, Open USD (OUSD) has moved from $0.9996 to $0.9997 — +0.00%.
The chart plots OUSD's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 OUSD ≈ ₦1,362.58 (about $0.9997), down 0.0% over 24 hours. The naira itself trades about 2.3% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 17, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
SBI and Startale Test Yen-Dollar Stablecoin Payments Using O — questions & answers
What is the purpose of the SBI and Startale collaboration?
The collaboration aims to test the interoperability between JPYSC and OUSD stablecoins to improve cross-border yen-dollar payments.
What is Open Standard?
Open Standard is an open-source protocol used to facilitate cross-border transactions between different currencies using blockchain technology.
How much is the circulating supply of OUSD?
The circulating supply of OUSD is $825.21 million, according to DeFiLlama.
How much is 1 Open USD worth in naira today?
About ₦1,362.58 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.9997. The naira price moves with both OUSD's US-dollar price and the USDT/NGN rate; use our Open USD in naira page for any amount.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from TronWeekly. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.