Sei's native lending protocol Takara Lend surpasses $100 million in Total Value Locked (TVL), with stablecoin APR reaching 15%+.

BlockBeats News, July 17th, according to Defillama data, the native lending protocol Takara Lend TVL on Sei Network has surpassed 100 million U.S. dollars, with a reported USDT APR of 15.64% and USDC APR of 14.79%.

Recently, Sei announced the integration of native USDC and CCTP V2, and was selected by the Wyoming Stablecoin Committee as a candidate chain for WYST. WYST is a U.S. dollar-backed stablecoin planning to achieve cross-chain bridging through LayerZero.

Takara Lend is one of the fastest-growing DeFi protocols on Sei, evolving into a programmable credit platform dedicated to building DeFi's credit layer, allowing crypto assets to be not only invested but also used for real-world payments.