CeFi allows you to lend crypto. Holding dollars in a conventional savings account and earning a significant return can sometimes be difficult. Stablecoins, on the other hand, have made a very similar idea feasible. A growing number of centralized finance (or CeFi) products have emerged that provide compelling yield for keeping some of your crypto holdings in stablecoin form. Coinbase customers looking for a low-risk investment can start earning 4.00% APY via USDC. Crypto deposits aren’t insured or guaranteed by the FDIC or SIPC.
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