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SBI Group plans JPYSC lending service with 3% annual yield

SBI Group plans JPYSC lending service with 3% annual yield

SBI VC Trade will open July 16 applications for 12-week JPYSC lending while SBI and the Solana Foundation expand Japan-focused onchain finance infrastructure around stablecoins, tokenized assets and payments.

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Fact Check
The claim is confirmed by an official source (Startale Group, co-issuer of JPYSC), which states JPYSC Lending by SBI VC Trade launches July 16 with an annualized yield of approximately 3% on a 12-week term. The Block (citing Nikkei) and crypto.news independently corroborate the 3% yield, the three-month/12-week fixed term, and delivery via SBI VC Trade. All core elements of the claim—SBI Group, JPYSC, 3% annual yield, and three-month product—are consistently supported.
Summary

SBI VC Trade said applications for its JPYSC Lending service will open on July 16, letting customers lend the yen-denominated stablecoin to the company for 12 weeks at an initial annualized rate of 3%, or about 0.69% gross over the term before tax. The company said the product is not a bank deposit, is not covered by deposit insurance, generally cannot be canceled early, and falls outside statutory asset segregation requirements, meaning customers could lose some or all of their tokens if SBI VC Trade goes bankrupt. The launch extends JPYSC’s use beyond payments weeks after SBI introduced the trust-structured yen stablecoin on June 24, while SBI Holdings and the Solana Foundation separately announced a strategic partnership to develop Japan’s onchain financial market through SBI R3 Japan, which is to be renamed SBI Solana Global, with initiatives spanning JPYSC support, tokenized assets, cross-border payments, institutional services and AI-agent payment infrastructure.

Terms & Concepts
  • asset segregation requirements: Rules meant to keep customer assets separate from a company's own assets to help protect customers if the company fails.
  • onchain finance: Financial activity conducted using blockchain-based tokens, applications and settlement infrastructure.
  • tokenized assets: Digital tokens representing ownership or exposure to assets such as bonds, funds, real estate or other financial claims.