Secured Finance Enables JPYC and USDC Loans Backed by UBS Tokenized Funds

The lending platform expands collateral options, allowing UBS tokenized money market fund holders to borrow stablecoins JPYC and USDC.

USDC

Summary

Secured Finance has introduced a feature allowing users to borrow stablecoins JPYC (JPY Coin, a Japanese yen-pegged cryptocurrency) and USDC (USD Coin, a U.S. dollar-pegged stablecoin) by using UBS tokenized money market funds as collateral. This move integrates traditional finance instruments into blockchain-based lending, offering investors new ways to access liquidity without liquidating holdings. Tokenized money market funds represent digitally issued shares of low-risk investment products, bridging regulated finance with crypto lending platforms.

Terms & Concepts
  • JPYC: A Japanese yen-pegged stablecoin used for digital transactions and settlements.
  • USDC: A U.S. dollar-pegged stablecoin enabling fast and stable blockchain-based transfers.
  • Tokenized Money Market Fund: A traditional money market investment product issued in digital token form, enabling blockchain-based trading and lending.