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

According to Defillama data, the total value locked (TVL) of Takara Lend, a native lending protocol on the $Sei Network, has exceeded $100 million. The current $USDT APR is 15.64%, and the $USDC APR is 14.79%. Recently, $Sei announced the integration of native $USDC and CCTP V2 and was selected by the Wyoming Stable Token Commission as a candidate chain for WYST. WYST is a U.S. stablecoin backed by fiat currency and is planned to be bridged via LayerZero. Takara Lend is one of the fastest-growing DeFi protocols on $Sei and is evolving into a programmable credit platform, dedicated to building the credit layer of DeFi, making crypto assets not only investable but also usable for real-world payments. [Odaily Planet Daily News]