# SBI Shinsei Trust Bank

> Track SBI Shinsei Trust Bank with daily standardized on-chain data. Compare SBI Shinsei Trust Bank with other stablecoin issuers. Updated daily.

Source: [SBI Shinsei Trust Bank on Token Terminal](https://tokenterminal.com/explorer/projects/sbishinseitrust). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Sectors: Stablecoin issuers
- Chains: ethereum

## About

### What it is

SBI Shinsei Trust Bank is a Japanese trust bank within SBI Group. It issues JPYSC, a Japanese yen stablecoin classified as an electronic payment instrument under Japan's Payment Services Act, for which the bank holds the reserve assets in a segregated trust account.

### Who uses it

Institutional and retail users in Japan; JPYSC is distributed through SBI VC Trade.

### How it works

JPYSC is issued against yen held in trust. Reserves consist of cash and highly liquid yen-denominated instruments held in a segregated trust account, and holders carry a direct legal claim to the underlying yen under Japanese trust law.

## Metrics

Token Terminal tracks these metrics for SBI Shinsei Trust Bank daily. Each page has a chart with the full history.

- [Outstanding supply](https://tokenterminal.com/explorer/projects/sbishinseitrust/metrics/outstanding-supply)

## Links

- [website](https://www.shinseitrust.com/)
- [twitter](https://twitter.com/sbigroup)