Gate News Report, March 19 — SBI Holdings’ digital asset division SBI VC Trade announced the launch of USDC lending services for retail users in Japan. Users can lend USDC stablecoins to the platform under fixed-term agreements to earn interest, with a maximum of 5,000 USDC per application. This product is a loan to SBI VC Trade rather than a deposit, and users assume direct counterparty risk. SBI stated that it may re-lend the borrowed USDC as part of its operations.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Polygon Launches Private Stablecoin Payments for USDC and USDT on Monday
According to The Defiant, Polygon Labs launched a private payment feature for stablecoins in its consumer wallet on May 5. The "Privately Send" option, developed with privacy protocol Hinkal, enables users to transfer USDC and USDT on Polygon while masking sender, recipient, and transaction amount o
GateNews22m ago
Circle Surges 20% as Clarity Act Stablecoin Yield Compromise Advances
Crypto-related stocks closed higher on Monday, led by Circle's 19.89% surge to $119.53, driven by progress on resolving the Clarity Act dispute surrounding stablecoin yields, according to The Block. Bitcoin topped $80,000, trading up 2.12% at $80,020 as of 9:20 p.m. ET Monday, while broader U.S. equ
CryptoFrontier05-03 15:31
Stablecoin Payment Platform UnblockPay Raises $4.5M in Seed Funding Led by Prelude
According to ChainCatcher, stablecoin-native banking and payment platform UnblockPay completed a $4.5 million seed funding round led by Prelude, with participation from Plug and Play, Wintermute, Reverie, Signature Ventures, Triaxis Capital, and Crescera Capital. Founded in 2025, UnblockPay provides
GateNews05-03 08:01
USDC Circulation Decreases by 900 Million in 7 Days, Total Supply at 77.1 Billion
According to Circle's official data, over the past 7 days through April 30, USDC circulation decreased by approximately 900 million as Circle issued 5.1 billion USDC and redeemed 6 billion, bringing total circulation to 77.1 billion. Reserves totaled approximately 77.4 billion U.S. dollars,
GateNews05-03 07:10
Circle Mints 250M USDC on Solana Overnight on May 2
According to on-chain data, Circle minted 250 million USDC on Solana early on May 2 at 5:10 AM.
GateNews05-03 01:19
Stablecoins Account for 40% of Latin American Crypto Purchases, USDC Exceeds Bitcoin: Bitso Report
According to Bitso's 2025 Latin America crypto report, stablecoins account for approximately 40% of cryptocurrency purchases in the region, with USDC purchases exceeding Bitcoin. The report analyzed data from nearly 10 million customers across major Latin American markets including Argentina,
GateNews05-02 09:25