How Do Crypto Exchanges Pay Stablecoin Interest?

<strong>How do Stablecoins Pay Interest?</strong>

How do Stablecoins Pay Interest?

Stablecoins are a type of cryptocurrency that is designed to maintain a constant price over time. They are linked to an underlying asset such as the U.S. Dollar. Stablecoins provide all the benefits of DeFi and minimize volatility of cryptocurrency. The market capitalization for crypto can fluctuate by billions per day. Even the top cryptocurrency––Bitcoin (BTC)––is subject to significant fluctuations in value. It’s not uncommon for Bitcoin, Ether, and other digital assets to fluctuate up to 10% in a given day. This level of price volatility is not experienced by fiat currencies like the U.S. Dollar and the British Pound.…
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