Japanese financial giant SBI Holdings and Web3 infrastructure firm Startale Group have signed an MoU to develop a regulated Japanese yen stablecoin targeted for launch in Q2 2026. The stablecoin will be issued and redeemed by Shinsei Trust & Banking, a subsidiary of SBI Shinsei Bank, while SBI VC Trade, a licensed crypto asset exchange, will handle its circulation.

A new SEC no-action letter is paving the way to kill the traditional three-day stock trade settlement window by enabling tokenized securities on existing Wall Street infrastructure. The Depository Trust Company (DTC), part of DTCC, has received informal SEC approval to launch DTCC Tokenization Services for assets it already holds in custody, targeting a rollout in the second half of 2026.

Hyperliquid’s native token HYPE has extended its downtrend through November and December despite a brief 24.1% relief rally from $29.15 to $36.17. On the daily timeframe, the HYPE price chart continues to print lower highs and lower lows, confirming a firmly bearish market structure. Analysts also flag monthly HYPE unlocks of 10 million tokens as a potential source of future selling pressure, even though their full impact on Hyperliquid’s price dynamics is not yet clear.