Japan’s SBI to launch yen stablecoin lending with 3% yield

SBI VC Trade will open JPYSC lending applications on July 16, offering an initial 3% annual rate for a 12-week term without deposit insurance.
Source: Japan’s SBI to launch yen stablecoin lending with 3% yield (https://cointelegraph.com/news/sbi-stablecoin-lending-service-3-yield-japan?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)