As the crypto economy grows and evolves, there are more ways than ever to earn rewards for holding crypto, learning about crypto, or interacting with decentralized finance (or DeFi) apps. To boost investment yield, long-term crypto traders are using one more way to make money off their investment — crypto interest accounts. In theory, a crypto interest-earning account works just like a regular savings account. Most banks offer annual interest rates that do not exceed 1% whereas stablecoins interest rates go as high as 4% to 12% annually. Many lending platforms even offer daily interest payouts, enabling investors to earn on compound interest.
This post is primarily looking across the various online platforms that allow one to earn interest in the 6 best stablecoins, namely: 1) Tether (USDT) 2) Dai (DAI) 3) Binance USD (BUSD) 4) TrueUSD (TUSD) 5) USD Coin (USDC) 6) TerraUSD (UST) Top 6 stablecoins in the crypto market...