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Stablecoin, Risk & How to stake Stablecoins in 2022 😉 Let's dive into some of CMC's research & tips regarding stablecoins 👇
Binance's Earn platform features a wide variety of savings and staking products, which allow users to earn a yield on both volatile and stable assets. Due to the large number of assets it supports and its competitive interest rates, it is among the most popular choices for those looking for savings products.
The yield provided varies over time based on a range of factors but currently sits at around 0.15% APY for DAI and USDC. This counts among the lowest rates in the industry.has close ties with Tether — currently by far the most popular USD stablecoin in operation — since Tether Limited is owned by Bitfinex’s parent company, iFinex.
As always, the amount you can expect to earn on your stable assets varies based on supply and demand. But right now, around 2.99% APY is available for USDT deposits. A full list of supported assets is provided below.is a platform that allows users to buy, trade and earn a yield on cryptocurrencies through a dedicated mobile app.
Like most cryptocurrency savings providers, Crypto.com allows users to increase their rewards by staking the platform's native token and by committing to a fixed-term. It also enforces a maximum quota per user, which depends on the user’s card tier .
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