深潮TechFlow
深潮TechFlow|Nov 02, 2026 04:49
[SBI VC Trade's JPYSC Lending Balance Surpasses 10 Billion Yen, Total Withdrawal Balance Exceeds 30 Billion Yen] According to a report by CoinPost on November 2nd, SBI VC Trade announced that the lending balance of its Japanese yen stablecoin JPYSC had surpassed 10 billion yen as of that day, and the total withdrawal balance of JPYSC had exceeded 30 billion yen. This service launched in June 2026, with lending services added in July. Withdrawal balance is the sum of on-chain balance and lending balance, and only includes VCTRADE services, excluding BITPOINT. JPYSC, issued by SBI Shinsei Trust Bank, is Japan's first trust-based Japanese yen stablecoin. Under the Payment Services Act, it is classified as an electronic payment method, and its legal attributes differ from those of crypto assets. Currently, loan applications are accepted every Thursday, offering three options: 168 days with an annualized return of 3%, 84 days with an annualized return of 2.5%, and 28 days with an annualized return of 2%. These conditions are based on data from November 2nd and may be adjusted depending on fundraising progress and market conditions; new fundraising may also be suspended. In principle, the loan cannot be terminated midway through the loan period and is not covered by deposit insurance.
Share To

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads