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Japan's SBI Group to launch JPYSC stablecoin lending service this month

The SBI's service would offer users a 3% annual yield for deposited JPYSC stablecoins, according to Nikkei.

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The SBI's service would offer users a 3% annual yield for deposited JPYSC stablecoins, according to Nikkei.

SBI will launch JPYSC lending services offering a fixed 3% annual yield, which is higher than the traditional 3% yield paid on yen bank deposits.