Japan's SBI VC Trade Announces USDC Lending Service for Retail Investors
Svmuu News: SBI VC Trade, the digital asset subsidiary of SBI Holdings, has announced the official launch of a USDC lending service in Japan. This service allows retail investors to lend stablecoins to the platform through fixed-term agreements to earn yields, with a maximum application limit of 5,000 USDC per term. SBI VC Trade stated that users can directly lend assets to its platform, but added that, as part of its operations, the company may re-lend the funds. (Cointelegraph)
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