SBI Group Launches JPYSC Stablecoin Lending on July 16 With 3% Annual Yield

SBI Group will open applications for a JPYSC stablecoin lending service on July 16, 2026, offering a 3% annual yield with a 12-week fixed term via SBI VC Trade, according to the company. JPYSC is Japan's first trust bank-backed yen stablecoin, designed to provide both retail and corporate users with yield-bearing exposure to digital asset infrastructure.

The launch is part of SBI's broader aggressive expansion in crypto. In June, the conglomerate acquired Japanese crypto exchange Bitbank for nearly $289 million. Last week, SBI became the sole investor in DeFi risk firm Gauntlet's $125 million Series C round and institutional crypto exchange EDX Markets' $76 million Series C financing.