Coinbase raises USDC interest rate to 5%

Coinbase is now offering up to a 5% interest rate on any USDC held on the exchange, up from the 4% introduced earlier in the year. Based on historical data from the company’s website, the increase marks an impressive 150% bump from the 2% reward rate on USDC that was active as of June 9. The 2%…#coinbase #usdc #tether #circle #jeremyallaire #siliconvalleybank #usdt
Source: Reuters: Health - Category: Consumer Health News Source Type: news