Sunday, March 30, 2025

Turn your dollars into stablecoins


 Turn your dollars into stablecoins

 One potential downside of staking rewards is that they’re paid in the native cryptocurrency, which can be volatile.  However, you can simply earn rewards by purchasing and holding stablecoins that are pegged to the dollar, such as USD Coin (USDC) and Dai. As of June 2021, you can earn 2.00% APY rewards by simply holding Dai in your Coinbase account.  You can also earn 0.15 percent APY by holding USD Coin, and USDC Lending can help you earn even more (see tip No. 4)

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