SBI Group is rolling out a lending service for JPYSC — Japan's first trust-bank-backed yen stablecoin — through its crypto arm SBI VC Trade, with applications opening July 16.

The fixed-term product pays a 3% annual yield over a 12-week term, giving holders of the month-old stablecoin a regulated way to earn on idle yen. It deepens SBI's onchain push — recently backed by a $289M Bitbank buyout and fresh $125M and $76M crypto funding rounds — as Japan races to build regulated stablecoin rails.