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Crypto

SBI VCトレード Now Allows Staking Rewards in Yen-Denominated Stablecoin JPYSC

Guavy AI Editorial Team
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SBI VCトレード has started allowing users to receive staking rewards in Japanese yen-denominated stablecoin JPYSC, starting September 2. This applies to all 16 assets that currently support staking on the platform.

The change was made in response to user demand for a way to receive staking rewards in Japanese yen.

JPYSC is issued by SBI New Life Trust Bank and is pegged 1:1 with the Japanese yen. It can be exchanged for yen without any spreads on the platform, allowing users to convert their JPYSC into other cryptocurrencies or withdraw it as fiat.

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