SBI VC Trade Prepares JPYSC Lending Launch With a Strong 3% Annual Yield
Covered by 2 sources · 2 articles
2 outlets - including Coinotag and Crypto-economy - are covering this story. Crypto News Japanese financial giant SBI is opening lending for its yen-pegged JPYSC stablecoin at a 3% annual yield, the first such product tied to the token. SBI VC Trade will begin accepting app...
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SBI Launches JPYSC Yen Stablecoin Lending at 3% Annual Yield
Crypto News Japanese financial giant SBI is opening lending for its yen-pegged JPYSC stablecoin at a 3% annual yield, the first such product tied to the token. SBI VC Trade will begin accepting app...
SBI VC Trade Prepares JPYSC Lending Launch With a Strong 3% Annual Yield
TL;DR: SBI VC Trade will open applications on July 16 for a 12-week JPYSC lending product with an initial 3% annualized rate. At that rate, customers would earn about 0.69% gross before tax, higher than SBI’s cited 0.325% to 1% range for ty…