Every Zipp story tagged #JPYSC, newest first.
The 3% yield is the signal: SBI is pricing JPYSC lending above JPY bank-deposit rates to pull capital into a yield-bearing stablecoin use case that targets Japanese retail.
JPYSC sidesteps the 1M yen cap that defined Japan's first generation of regulated stablecoins, and the trust-bank reserve structure puts it closer to US and European bank-issued stablecoin models…
The structure matters more than the ticker: JPYSC is the first yen stablecoin issued under Japan's trust framework, with SBI VC Trade distributing and Startale co-developing the rails.
The launch gives Japan its first yen stablecoin issued by a trust bank and the first classified as an electronic payment instrument under the Payment Services Act, putting a regulated bank entity…
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