Coinbase to Pay Users 1.25% Interest on USDC Stablecoin Holdings
Starting today, Coinbase users get 1.25% returns on their USDC holdings.
Kraken, which considers USDC the world's fastest-growing stablecoin, adds it a day after Binance removed certain trading pairs for the stablecoin.
The initial annual percentage yield will be 8.6 percent for USDC and 3.78 percent for litecoin.
When world leaders gather in Davos next week, they'll confront an essential question, says Circle's Jeremy Allaire: Can they seize blockchain's ability to create value for people around the world?
Bermuda announced Wednesday it will accept payments in the USDC stablecoin "for taxes, fees and other government services."
The founders of Nuo are launching Juno, which will offer a smart-contract wallet with 5.5 percent interest on USDC in a bid to attract retail users.