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TheBlock 2021-06-29 21:42:49

Coinbase rolls out high-yield USDC product, taking aim at fintech offerings

Coinbase has announced a new product offering that could set it apart from its fintech rivals in a world of low interest rates. The publicly traded cryptocurrency exchange unveiled Tuesday a new savings account-like product that allows users to earn 4% annual percentage yield (APY) by lending out USDC. “Coinbase’s high-yield alternative to traditional savings […]The post Coinbase rolls out high-yield USDC product, taking aim at fintech offerings appeared first on The Block.

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