SBI Launches Yen Stablecoin Lending with 3% Yield
SBI VC Trade introduces a new lending product for its yen stablecoin, JPYSC, offering a 3% annual yield for a 12-week term starting July 13.
67 articles tagged with #Japan
SBI VC Trade introduces a new lending product for its yen stablecoin, JPYSC, offering a 3% annual yield for a 12-week term starting July 13.
SBI VC Trade will begin yen stablecoin lending on July 16, offering a 3% annual yield for a 12-week term, though without deposit insurance.
Lawson is set to test yen stablecoin payments in Tokyo, while Netstars launches a merchant service supporting USDC, USDT, and JPYC.
Japanese lender CRYL has launched a regulated Bitcoin-backed loan product, allowing borrowers to access up to $6.2 million without selling their BTC.
CRYL has launched Bitcoin-backed loans up to $6.2 million, signaling a growing trend among Japanese firms to utilize BTC in lending and credit markets.
Japan's new 'invest locally' initiative is expected to increase demand for alternative assets, including Bitcoin and gold, as investors seek stability.
Metaplanet collaborates with JPYC and Progmat to develop bitcoin-backed digital credit products, targeting efficient credit markets in Japan.