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.