According to Deflama data, the TVL of Takara Lend, the native lending protocol on Sei Network, has exceeded 100 million US dollars, with USDT APR temporarily reported at 15.64% and USDC APR temporarily reported at 14.79%. Recently, Sei announced the integration of native USDC and CCTP V2, and was selected as the 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 the credit layer of DeFi, making crypto assets not only investable but also usable for real payments.
