Support for Businesses Implementing Yen-Denominated Stablecoins

1. This Tokyo subsidy supports businesses creating real-world use cases for yen-denominated stablecoins. It aims to improve payment and remittance convenience and strengthen Tokyo as an international financial city. 2. Applicants must use issued stablecoins and have a registered head office or branch in Tokyo. Required licenses, permits, or registrations must be complete, and applicants must have no duplicate public funding, anti-social ties, or tax arrears. 3. Eligible projects must comply with relevant laws, use domestically issued yen stablecoins, and implement or verify the use case in an area including Tokyo. Eligible costs include external platform use, expert consultation and audits, and outsourced system development. 4. The subsidy covers up to two-thirds of eligible expenses, capped at JPY 40 million per project. Applications run from April 17 to June 30, 2026. Costs must be completed by March 31, 2027 after the grant decision; submission is via JGrants, mail, or in person.