BUSINESSCOINTELEGRAPH
Japan’s SBI to launch yen stablecoin lending with 3% yield
SBI VC Trade will launch JPYSC lending on July 16, offering a 3% annual yield for a 12-week term without deposit insurance. The service is part of Japan’s SBI’s expansion into yen stablecoin financial products.
Related Signal
Adjacent reporting
- Japan’s SBI Group to launch JPYSC stablecoin lending service this month
- Japan stablecoin payments advance with Lawson trial, Netstars launch
- Japan’s enterprise-led blockchain to issue yen stablecoin for B2B settlements
- Western Union Launches Solana-Based USDPT Stablecoin With Fireblocks Support
- Coinbase’s ‘CUSHY’ stablecoin fund to launch tokenized share class via Superstate in Q2