Tokyo Stablecoin Social Implementation Promotion Subsidy

(1) Overview: The Tokyo Stablecoin Social Implementation Promotion Subsidy, run by the Tokyo Metropolitan Government Bureau of Industrial and Labor Affairs (International Financial City Promotion Division), supports operators that create real use cases for JPY-denominated stablecoins (SC) under the Payment Services Act. The goal is to foster a healthy SC market, build a yen-based digital economic sphere, and raise the JPY's international presence while solving social challenges and improving payment/remittance convenience for Tokyo residents and businesses. (2) Eligible applicants: Entities that create use cases using actually-issued JPY SC, hold any required licenses/permits/registrations, have a registered head office or branch in Tokyo, are not receiving overlapping subsidies in the same fiscal year, have no tax arrears, are not associated with organized crime, and are not under corporate-reorganization or civil-rehabilitation proceedings (10 conditions in total must all be met). (3) Eligible expenses & content: Three categories — (a) external-infrastructure usage costs (platform fees for outsourced SC issuance, wallet/blockchain/node fees), (b) expert consultation & audit costs (legal/permit/tax advice from lawyers/administrative scriveners/tax accountants; information-security audits), (c) system development costs (external development of value-adding systems). SC backing assets, payments to related parties, staffing dispatch, re-outsourcing, and consumption tax are excluded. (4) Rate/cap/schedule/key points: Up to 2/3 of eligible expenses, capped at JPY 40 million per project. Application window: April 17 to June 30, 2026; project must complete by March 31, 2027. Submission via jGrants e-application or postal mail to the Tokyo Metropolitan Government Office, 2-8-1 Nishi-Shinjuku, Shinjuku-ku. Required documents include the application form (Form 1), business outline (Form 2), implementation plan, pledge (Form 3), registry certificate, seal certificate and quotations. A document and/or interview screening (online, up to 3 A4 slides) evaluates social significance, advancedness, feasibility, future potential, and risk management.