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Japanese Firm Supports XRP for Crypto Lending

source-logo  cryptonews.net 14 February 2023 14:40, UTC
Anna Martynova

FUELHASH, a Japanese crypto firm dedicated to encouraging renewable energy cryptocurrency mining, has announced that its so-called “Crypto Trading” platform offering crypto lending services now supports XRP.

The firm made the announcement yesterday in a press release, stating that it is the only Japanese firm to offer this service for XRP. XRP is now joining USDC, USDT, BTC, ETH, ETC, and BNB as platform-supported assets. 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 SBI Holdings crypto exchange, revealed that it will be offering delegation as a service to FLR holders, a significant portion of which are XRP holders who have received an airdrop. This testifies to the popularity of XRP in Japan.

Image: Binance Academy