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SBI plans JPYSC stablecoin lending service with 3% yield
SBI Group will let users earn a stated 3.0% annual yield on deposited JPYSC stablecoins as the lending service launches this month, according to Nikkei via The Block.
SBI Group is preparing to launch a stablecoin lending service tied to JPYSC this month, according to Nikkei, as reported by The Block.
The service is designed to take deposited JPYSC stablecoins and pay users a stated 3.0% annual yield, based on the report.
The Block notes the details of the planned launch and the yield level that SBI is targeting for participants in the lending program.
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