PANews|Jul 13, 2026 12:05
[SBI Launches Yen Stablecoin Lending Service This Month with 3% Annualized Yield]
According to The Block, Japanese financial group SBI Group will launch a JPYSC stablecoin lending service this month through its crypto trading platform SBI VC Trade, offering users who lend JPYSC a 12-week fixed-term product with an annualized yield of 3%. This service is being launched less than a month after the introduction of JPYSC. JPYSC is Japan's first yen stablecoin guaranteed by a trust bank. SBI stated that it aims to attract both retail and institutional users through lower transaction costs and support for large-scale transactions. In recent years, SBI has been building a comprehensive ecosystem in the on-chain financial sector, encompassing exchanges, asset tokenization, and market platforms, through investments in Gauntlet, EDX Markets, and the acquisition of Bitbank.
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