Japan's SBI Group is expanding its digital asset offerings by introducing a lending service for the JPYSC stablecoin later this month, according to a report from Nikkei. The service would allow users to deposit JPYSC stablecoins and earn a 3% annual yield in return. The move reflects growing efforts by established Japanese financial institutions to build out crypto-related products and generate returns from stablecoin holdings. Yield-bearing stablecoin services have become an increasingly common way for platforms to attract deposits, though returns depend on how the underlying assets are deployed. SBI Group has been active in the digital asset space through various ventures and partnerships. The launch signals continued integration of stablecoins into Japan's financial system, where regulators have established a framework for such assets. Further details about the service's terms and eligibility have not yet been fully disclosed.
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