TOKYO

🧬 AI profile — grown from 6ic coverage SBI, a Japanese financial services giant, is behind the development of a yen stablecoin lending platform. This platform is a significant player in the emerging decentralized finance (DeFi) space, offering a new frontier in lending and borrowing using cryptocurrency. The yen stablecoin, pegged to the Japanese currency, provides a stable store of value for DeFi transactions.