Hotlink Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo, Stock Code: 3680, Group CEO: Yasuhiro Hinohara) is pleased to announce that its group company, Nonagon Capital LLC (Headquarters: San Francisco Bay Area, USA, Representative Executive: Kazushi Okamoto), has commenced a business partnership with Startale Group (Headquarters: Singapore, Representative: Sota Watanabe). Through this partnership, both companies will jointly promote demonstration experiments and business development utilizing the Japanese Yen-denominated trust-type stablecoin "JPYSC," aiming to create new use cases in the field of AI agent payments. 1. Overview and Features of "JPYSC" JPYSC is a Japanese Yen-denominated trust-type stablecoin being developed under a strategic partnership between the SBI Group and Startale Group. JPYSC will be issued as a "Type 3 Electronic Payment Instrument (Trust Type)" by Shinsei Trust & Banking Co., Ltd., a subsidiary of SBI Shinsei Bank, based on Japan's financial regulatory framework. The trust framework for managing underlying assets ensures that users' assets are protected and managed with a high level of security. The main features of JPYSC include: Firstly, it is designed in compliance with relevant laws and financial regulations as a reliable trust-type Type 3 Electronic Payment Instrument. Secondly, unlike Type 1 Electronic Payment Instruments, it is not subject to the 1 million yen per transaction limit applicable to domestic remittances. This feature is important for supporting inter-company settlements and large-scale transactions at the institutional investor level. Furthermore, its design seamlessly connects existing financial systems with blockchain networks, realizing global interoperability and aiming to become the foundation for a globally trusted "digital yen." SBI VC Trade Co., Ltd. serves as the sales partner, and Startale Group, as the core partner, leads the technical aspects, including smart contract design and security system construction. The