SBI Group is preparing to launch a lending service for its yen-backed stablecoin, JPYSC, offering customers an annual yield of 3% on deposits locked for 12 weeks. The move marks another step in Japan’s growing effort to integrate regulated digital assets into mainstream financial services.
The new lending program follows the recent rollout of JPYSC, Japan’s first trust bank-backed yen stablecoin. SBI developed the stablecoin with blockchain infrastructure company Startale Group, while SBI Shinsei Trust Bank serves as the issuer and SBI VC Trade distributes the token. The stablecoin operates under Japan’s regulated electronic payment framework and is designed to support institutional and commercial blockchain transactions.
Expanding Stablecoin Utility
The lending product aims to encourage wider adoption of JPYSC by giving users an incentive to hold the digital asset rather than simply using it for payments or transfers. Under the program:
- Customers can deposit JPYSC for a fixed 12-week period.
- Deposits will earn an annualized yield of 3%.
- The service is intended to support broader participation in SBI’s expanding digital finance ecosystem.
The offering reflects a growing trend among financial institutions to combine stablecoin infrastructure with traditional yield-generating products, creating additional use cases beyond payments.
Japan Builds a Regulated Digital Asset Ecosystem
SBI has positioned JPYSC as a cornerstone of its long-term on-chain finance strategy. The financial group has continued expanding its digital asset footprint through investments, acquisitions, and blockchain partnerships while developing regulated financial products around stablecoins.
Japan’s broader financial industry is also moving deeper into tokenized finance. Several domestic initiatives are exploring stablecoin-based payments and settlements, while the country’s major banking groups continue developing jointly issued stablecoins for commercial transactions. These efforts build on Japan’s regulatory framework, which has become one of the most structured environments for stablecoin issuance globally.
The introduction of a lending product tied to JPYSC signals that Japanese financial institutions are shifting beyond stablecoin issuance and toward developing full-service digital financial ecosystems. As regulated digital assets gain traction, yield-bearing products could become an important driver of user adoption and institutional participation in Japan’s evolving blockchain-based financial market.
