POPA ReconSBI to Offer 3% Lending on Its JPYSC Stablecoin
SBI to Offer 3% Lending on Its JPYSC Stablecoin SBI Group is rolling out a lending service for JPYSC — Japan's first trust-bank-backed yen stablecoin — through its crypto arm SBI VC Trade, with applications opening July 16. The fixed-term product pays a 3% annual yield over a 12-week term, giving holders of the month-old stablecoin a regulated way to earn on idle yen. It deepens SBI's onchain push — recently backed by a $289M Bitbank buyout and fresh $125M and $76M crypto funding rounds — as Japan races to build regulated stablecoin rails. 👉 theblock.co/post/407988/sbi-jpysc-stablecoin-lend…
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