Techub News reports that according to Cointelegraph, SBI VC Trade, a digital asset division under SBI Holdings, announced the launch of USDC lending services for retail users in Japan. Users can lend USDC stablecoins to the platform through fixed-term agreements in exchange for interest income, with a maximum of 5000 USDC per application. This product is a loan to SBI VC Trade rather than a deposit, and users bear direct counterparty risk. SBI stated that it may re-lend the borrowed USDC as part of its operations.

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