SBI Group is planning to roll out a lending service tied to its JPYSC stablecoin, according to Cointelegraph. The planned product would offer users a 3% annual yield on JPYSC holdings. Cointelegraph said the service could go live as early as this month. The report points to SBI Group, a Japanese financial group, as the company behind the planned launch. No additional rollout details were disclosed in the source provided. The update was cited from Cointelegraph’s post and centers on the launch timing, the annual yield level, and the fact that the product is designed for users holding JPYSC.
SBI Group plans to launch a lending service for users holding the JPYSC stablecoin, offering a 3% annual yield, according to Cointelegraph.
The service could go live as early as this month. SBI Group was identified in the report as a Japanese financial group.
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