SBI VC Trade, the digital asset arm of SBI Holdings, is launching a USDC lending product on March 19, bringing regulated access to dollar-pegged crypto returns in the domestic market. It allows retail investors in Japan to earn yields by lending stablecoins through a licensed platform. To celebrate the rollout, SBI VC said it will offer an annualized yield of 10% for a 12-week term during the initial phase. The company plans to maintain an annual rate of around 5% going forward—still well above most U.S. dollar time deposit rates, which typically range between 0.01% and 4%. Under the new program, users can lend ... (full story)