SBI VC Trade to launch fixed-term USDC lending in Japan with 5,000 USDC cap

SBI VC Trade said it will introduce a fixed-term USDC lending product in Japan on Thursday, allowing retail customers to lend USDC to the platform for interest payments. The firm said each offering will accept applications up to 5,000 USDC, and the arrangement is treated as a loan to SBI VC Trade rather than a deposit, leaving users exposed to counterparty risk and lockups during the term.