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SBI Group is set to roll out a JPYSC lending service this month.The service would offer users a 3% annual yield for deposited JPYSC stablecoins.

Japan’s third-largest convenience store chain, Lawson, is launching a trial to test stablecoin payments at one of its stores.This is part of a proof-of-concept involving telecommunications giant KDDI and crypto wallet firm HashPort.

Metaplanet has launched Metaplanet Securities after completing its acquisition of Siiibo Securities.The new regulated business will develop Bitcoin backed bonds and digital credit products under Project Nova.JPYC and Progmat are working with Metaplanet on a Bitcoin backed digital credit ecosystem for Japanese investors.

SBI is reportedly preparing a JPYSC lending service with a 3% annual yield and a three month fixed term.The product follows the launch of Japan’s first trust bank backed yen stablecoin for payments and institutional settlements.Stablecoin activity in Japan is expanding as banks and businesses move ahead with new payment initiatives.

Lawson will connect JPYC payments directly to its POS system during a single-store Tokyo trial.Customers will scan mobile wallet barcodes, while HashPort updates balances using verified checkout transaction data.Japan’s megabanks are also preparing yen stablecoins, widening competition across regulated digital payment networks nationwide.

LINE NEXT has opened developer pre-registration for Unifi Pay ahead of its planned global launch in the third quarter.Unifi Pay will support USDT, JPYC and IDRP, with users in Japan and Indonesia able to top up local stablecoins directly from bank accounts after identity verification.The service offers zero payment fees, an average settlement of about one second, and an SDK that lets developers create payment pages in about 10 minutes.

Japan’s lower house has advanced a bill that would classify cryptocurrencies as financial instruments.The legislation is expected to take effect next year if approved by the upper house, the House of Councillors.

MUFG Bank, Mizuho Bank, and SMBC plan to begin live commercial transactions of a jointly issued stablecoin during fiscal 2026.The three banks have set up a council to examine operational frameworks and governance for the stablecoin issuance.

Megabanks MUFG Bank, Mizuho Bank and SMBC have formed a council to develop frameworks for jointly issuing a stablecoin in fiscal year 2026.