SBI Invests ¥1 Billion in Short-Term Japanese Government Bonds with JPYSC Reserves
SBI Group has invested ¥1 billion (approximately $6.5 million) of its yen-pegged stablecoin 'JPYSC' reserve assets in short-term Japanese government bonds with maturities of three months or less.
This investment is made possible by the Amended Payment Services Act, which took effect on June 1, 2026, and allows reserve assets to be invested in highly creditworthy yen-denominated instruments, such as time deposits and short-term government bonds.
The outstanding issuance of JPYSC stands at approximately ¥20.1 billion (approximately $130.7 million), with the accompanying lending service 'JPYSC Lending' having application balances of approximately ¥6.9 billion (approximately $44.9 million).
SBI Group's objective is to manage reserve assets with highly creditworthy yen-denominated instruments while ensuring sufficient liquidity for redemptions.