'Libra competitor' Saga token holders can now earn up to 9.9% annual interest

Saga Monetary Technologies, which claims to provide Facebook’s Libra-like stablecoin, has listed its token SGA on CelsiusThe move allows SGA holders to earn up to 9.9% interest per annumIdo Sadeh Man, founder and chairman of the board at Saga, told The Block: “SGA is reliant on the value of a trusted basket of currencies – replicating the composition of the IMF’s SDR”