SBI VC Trade said user deposits of yen-denominated stablecoin JPYSC for lending had surpassed ¥10 billion ($570 million), while combined on-chain balances and exchange deposits exceeded ¥30 billion ($1.71 billion). The exchange began handling JPYSC in June and launched its lending service in July, offering three courses with annual rates of up to 3%. SBI VC Trade also plans to use JPYSC in on-chain financial services after legal revisions and other requirements allow its use on public blockchains.