Japanese firm backs XRP for cryptocurrency lending
FUELHASH, a Japanese crypto firm dedicated to encouraging renewable cryptocurrency mining, announced that its so-called "Crypto Trading" platform, which offers cryptocurrency lending services, now supports XRP.
The firm announced this in a press release yesterday, saying it is the only Japanese firm offering this service for XRP. XRP now joins USDC, USDT, BTC, ETH, ETC and BNB as assets supported by the platform. According to the website, users can offer a minimum of 100 XRP for lending on the platform with a fixed interest rate of 1.5% after 90 days and 1% for 60 days.
As a reminder, as reported more than a week ago, SBI VC Trade, the crypto exchange SBI Holdings, said it will offer delegation as a service to FLR holders, a significant portion of whom are XRP holders who have received airdrop. This is a testament to the popularity of XRP in Japan.
