SBI Group has announced the launch of its new yen deposit product, SBI Hyper Deposit, offering a 0.42% annual interest rate along with XRP rewards. Scheduled to debut on September 23, 2025, this product aims to merge traditional banking with digital asset incentives, underscoring SBI's ongoing support for Ripple's ecosystem. The Hyper Deposit facilitates automated transfers between SBI Shinsei Bank and SBI Securities accounts, enabling seamless crypto-linked transactions. By providing XRP rewards to new account holders, SBI seeks to enhance the product's attractiveness in Japan's low-interest environment, furthering its strategy to integrate cryptocurrency into mainstream banking and potentially boosting digital asset adoption among Japanese investors.
SBI Group Launches Hyper Deposit with 0.42% Yield and XRP Rewards
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