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Japan’s SBI to launch yen stablecoin lending with 3% yield

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SBI VC Trade will open JPYSC lending applications on July 16, offering an initial 3% annual rate for a 12-week term without deposit insurance.

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Coin Market

Donald Trump invokes US senator’s death to push crypto bill

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With the death of Senator Lindsey Graham and another senator hospitalized, Republicans’ current majority in the chamber has been reduced to 51-47, likely requiring more Democratic support to pass crypto market structure.

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Hyundai completes USDT treasury settlement pilot between US and Mexico

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Hyundai completed a proof-of-concept using Tether’s USDT to settle a cross-border treasury transfer between its US and Mexican subsidiaries, highlighting growing enterprise interest in stablecoin-based payments.

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Bolivia mulls recognizing USDT as payment currency amid dollar shortage

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As foreign currency reserves remain under pressure, Bolivia is considering a framework to let the world’s largest stablecoin be used for payments, savings and trade.

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