According to Nikkei Asia, SBI Group plans to launch a yen stablecoin lending service this month. Through its subsidiary SBI VC Trade, the company will borrow users' JPYSC holdings and return profits generated from its use. The initial phase of the service will adopt a 3-month fixed-term model with an annualized rental fee rate of 3%, marking Japan's first service of this kind based on a yen stablecoin. In June, SBI issued the yen stablecoin JPYSC for the first time in Japan using a trust-based model. https://(wublock123.com)/news/sbi-jpy-stablecoin-lending-3-percent-apy-64498