Tokyo Launches Stablecoin Implementation Subsidy Program with Maximum Grant of 40 Million Yen

GateNews

Gate News message, April 17 — Tokyo officially implemented the Stablecoin Social Implementation Promotion Business Subsidy Grant Guidelines on April 15, 2026, offering subsidies to businesses developing yen-denominated stablecoin (SC) use cases within the prefecture. The maximum subsidy amount is 40 million yen, covering up to two-thirds of eligible expenses.

Eligible applicants must have a registered headquarters or branch office in Tokyo, obtain necessary licenses or complete registration in compliance with law, not receive government or other municipal grants or contracts in the same fiscal year, have no ties to anti-social forces, and have no tax payment delinquency. Eligible expenses include external platform usage fees, professional consulting and audit fees, and system development costs, but exclude consumption tax and SC backing asset allocation funds.

The Tokyo governor selects subsidy recipients through public recruitment and review committee evaluation, with review details kept confidential and results not subject to objection. If recipients fail to create actual stablecoin use cases or obtain subsidies through improper means, the governor may cancel the subsidy decision and demand repayment. Overdue repayments incur a penalty interest rate of 10.95% annually.

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