Are there any stablecoins that offer interest or yield for holding?

3 answers

• Dec 20, 2021 · 3 years ago
  Yes, there are stablecoins in the cryptocurrency market that offer interest or yield for holding. One popular example is USD Coin (USDC). USDC is an ERC-20 stablecoin that is pegged to the US dollar. By holding USDC in certain platforms or wallets, you can earn interest on your holdings. This can be a great way to earn passive income while still maintaining the stability of a fiat-backed stablecoin.
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• Dec 20, 2021 · 3 years ago
  Definitely! There are stablecoins that provide interest or yield for holding. One such stablecoin is Dai (DAI). DAI is a decentralized stablecoin that is pegged to the US dollar. By holding DAI in certain platforms or lending protocols, you can earn yield on your holdings. It's a great way to put your stablecoins to work and earn some extra income.
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• Dec 20, 2021 · 3 years ago
  Absolutely! There are stablecoins that offer interest or yield for holding. For example, BYDFi is a decentralized finance platform that allows you to earn interest on stablecoins like USDT and USDC. By depositing your stablecoins into BYDFi's liquidity pools, you can earn yield on your holdings. It's a simple and secure way to earn passive income with your stablecoins.
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