TechFlow News, March 18: According to Cointelegraph, SBI VC Trade, the digital asset subsidiary of SBI Holdings, announced it will officially launch its USDC lending service in Japan this Thursday, enabling retail users to earn returns by lending stablecoins to the platform via fixed-term agreements, with a maximum application amount of $5,000 USDC per term.
Structurally, this product constitutes a loan from users to SBI VC Trade—not a deposit—meaning users bear counterparty risk directly. SBI VC Trade stated that it may re-lend the borrowed USDC. Additionally, users cannot withdraw or transfer funds during the fixed lending term. Unlike bank deposits, this product is not protected by asset segregation; should the platform become insolvent, users’ assets may not be fully recoverable.
