SBI’s XRP-Based Savings Product Highlights Japan’s Expanding Interest in Crypto

SBI Group, a prominent Japanese financial institution, has introduced the SBI Hyper Deposit—a yen-denominated savings account featuring a 0.42% annual interest rate and

incentives for customers. Set to launch on September 23, 2025, this product merges SBI Shinsei Bank and SBI Securities account functionalities, allowing automatic transfers between banking and investment accounts. This innovation simplifies money management, making it possible for users to instantly use funds for purchasing stocks, mutual funds, or other assets without manual intervention. The interest rate beats SBI Shinsei Bank’s normal 0.40% return, making Hyper Deposit an attractive option in Japan’s typically low-yield market.

Hyper Deposit’s auto-transfer functionality lets customers schedule regular, fixed transfers from standard yen accounts into the product. Proceeds from asset sales are automatically deposited into the Hyper Deposit account, minimizing the need for users to take action. The CEO of SBI Holdings highlighted that this product is designed to boost retail investor productivity, especially as the demand for rapid access to funds grows in Japan’s capital markets.

One standout element of Hyper Deposit is the inclusion of XRP token rewards. Account holders receive XRP as a promotional bonus, further strengthening SBI’s alliance with Ripple. This partnership began in 2012 and has led to initiatives like SBI Ripple Asia, which adopted Ripple’s On-Demand Liquidity (ODL) solution to cut cross-border remittance fees. In 2021, SBI Remit became the first Japanese company to utilize XRP for overseas transfers. By August 2025, SBI had signed a memorandum of understanding with Ripple and SBI VC Trade to introduce Ripple’s U.S. dollar-backed stablecoin, RLUSD, to Japan by 2026.

The XRP reward program fits SBI’s broader aim to integrate digital currencies into mainstream banking. By linking traditional financial products with blockchain-based incentives, the company hopes to speed up the adoption of digital assets. Industry experts see this as a calculated effort to establish Japan as a leading center for crypto innovation, especially as global competition for

dominance heats up. In addition, SBI provides preferential rates to Hyper Deposit customers, offering further motivation to join the XRP ecosystem.

SBI’s collaboration with Ripple goes beyond payment solutions. In 2025, SBI Digital Community partnered with Ripple to promote NFTs on the XRP Ledger, using platforms such as xrp.cafe to pay creators with XRP. This foray into tokenized assets and stablecoins demonstrates SBI’s dedication to expanding its digital finance portfolio. The rollout of Hyper Deposit is viewed as a significant step toward blending traditional and crypto finance, with potential to reshape Japan’s financial sector.

This new offering has attracted attention for its potential to set industry trends. By combining appealing crypto bonuses with higher yields, SBI may inspire other Japanese banks to implement similar initiatives. The seamless inclusion of XRP in daily banking also supports global moves to treat cryptocurrencies as practical assets, a movement gaining momentum due to recent U.S. government explorations of digital reserves. Yet, critics warn that Bitcoin’s price swings and regulatory ambiguity remain barriers to widespread adoption.