SBI targets 3% yield for JPYSC stablecoin lending

The proposed product requires users to lock their JPYSC holdings for a three-month period to secure the fixed return. This initiative arrives shortly after the stablecoin’s official launch, which operates under Japan’s Type III electronic payment instrument framework. Issued by SBI Shinsei Trust Bank, the asset is fully backed 1:1 by the Japanese yen and designed to facilitate cross-border payments and institutional-grade treasury management.

SBI is aggressively scaling its digital asset infrastructure, following a series of high-profile moves that include backing the institutional crypto marketplace EDX Markets and acquiring the exchange Bitbank. The broader Japanese market is simultaneously warming to stablecoin integration; convenience store operator Lawson is currently trialing JPYC payments, while major banking groups including MUFG, SMBC, and Mizuho have committed to launching a collaborative stablecoin project by fiscal year 2026.