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Crypto

SBI adds Japanese short-term government bonds to reserves for yen stablecoin JPYSC

SBI Group has started managing part of the collateral for yen-pegged stablecoin JPYSC in short-term Japanese government bonds. SBI Shinsei Trust Bank and SBI VC Trade said they began the operation on Sept. 7, covering 1 billion yen of trust assets. The move uses provisions of Japan’s revised Payment Services Act, effective June 2026, which allows up to 50 percent of trust-type stablecoin reserves to be held in short-term government bonds or time deposits.

Crypto

Evernode CEO outlines strategy to monetise XRP holdings

Evernode has urged companies to shift from merely holding XRP to managing it on-chain to generate returns using decentralised finance functions on the XRP Ledger. Chief Executive Ashish Birla said at WebX 2026 in Japan that corporate digital-asset treasury strategies should evolve from accumulation to active use. He cited growth in tokenised real-world assets on XRPL and increased transaction volumes involving Ripple’s dollar-pegged stablecoin RLUSD, and outlined steps for Japanese firms to adopt blockchain gradually.

Crypto

SBI Holdings says XRP weakness due to U.S. regulatory uncertainty, awaits Congress decision

SBI Holdings said XRP’s recent weakness reflects uncertainty over U.S. digital asset regulation, as markets watch whether the U.S. Senate will pass the Clarity bill. Director Yasuo Nishikawa (니시카와 야스오) said investors are delaying new positions until a clearer framework emerges. XRP traded near $1.06, down 1.34 percent in 24 hours, 2.29 percent over a week and 42.31 percent year-to-date. SBI said it maintains its long-term investment stance in Ripple.