SBI VC Trade CEO Highlights 10% APY on USDC and Japan Stablecoin Plans

Tomohiko Kondo, chief executive of SBI VC Trade, said the exchange offers 10% annual yield on USDC and discussed JPYSC, RLUSD, and Metaplanet’s Bitcoin strategy at a TEAMZ event in Japan.

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Summary

Tomohiko Kondo, chief executive of SBI VC Trade, described what the post says is Japan’s only licensed stablecoin exchange and highlighted a 10% APY on USDC, contrasting it with near-zero local bank savings rates. In comments shared from a TEAMZ event, he also referenced JPYSC, which the post says is targeted for the second quarter of 2026, RLUSD in Japan, and Metaplanet’s Bitcoin strategy. The remarks point to growing interest in stablecoins, which are digital tokens designed to track the value of assets such as the U.S. dollar, as well as yield-bearing crypto products in Japan’s regulated market.

Terms & Concepts
  • Stablecoin: A cryptocurrency designed to maintain a stable value, usually by tracking a fiat currency such as the U.S. dollar.
  • APY: Annual percentage yield, a measure of yearly return that includes the effect of compounding.
  • USDC: A U.S. dollar-pegged stablecoin widely used for trading, payments, and on-chain settlement.