Japan’s Yield-Bearing Digital Yen: JPYSC Brings Stablecoin Income to the Yen

Japan’s Yield-Bearing Digital Yen: JPYSC Brings Stablecoin Income to the Yen

For most of the stablecoin era, earning yield on digital cash has meant accepting exposure to the U.S. dollar. Japan is now beginning to offer another choice: a regulated, yen-denominated stablecoin capable of generating income. SBI VC Trade has announced JPYSC Lending, a fixed-term service that will initially pay a 3% annualized return on JPYSC … Read more