SBI Launches JPYSC Lending with 3% Yield | Bitcoin and Crypto News

SBI VC Trade is launching a high-yield lending service for JPYSC, Japan’s first stablecoin, offering 3% annual return for 12 weeks — a major leap over traditional yen deposits. This move signals a bold step toward onchain finance in Japan, following their earlier USDC offering. But beware: no deposit insurance, early withdrawal isn’t allowed, and funds aren’t protected in bankruptcy. Meanwhile, SBI is teaming up with Solana Foundation to build Japan’s onchain financial future, including cross-border payments and institutional tools — all as Japan’s government eases crypto regulations and reclassifies digital assets as financial instruments. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ec3b85f17e617d43