Sei's native lending protocol Takara Lend TVL exceeds $100 million, stablecoin APR reaches 15%+

On July 17, according to Defillama data, the native lending protocol Takara Lend on Sei Network has exceeded $100 million in TVL, USDT APR is temporarily reported at 15.64%, and USDC APR is temporarily reported at 14.79%.

Recently, Sei announced the integration of native USDC and CCTP V2, and was selected as a candidate chain for WYST by the Wyoming Stablecoin Committee. WYST is a US stablecoin backed by fiat currency and plans to bridge across chains through LayerZero.

Takara Lend is one of the fastest growing DeFi protocols on Sei and is evolving into a programmable credit platform, dedicated to building a credit layer for DeFi, making crypto assets not only investable, but also usable for real payments. #SEİ