Many are quick to flock to stablecoins for their ability to de-risk cryptocurrency positions. A stablecoin can be pegged to any perceivably stable asset, for instance, a digital asset like Bitcoin (BTC) or a fiat currency like the US dollar. In theory, if a digital asset was pegged to the US dollar, $100 worth of the digital currency should mean $100 in the backed asset is held … [Read more...] about How to use stablecoins to earn a higher APY
APY
SwissBorg’s ‘Smart Yield’ wallet is offering up to 17.5% APY on Ethereum
SwissBorg’s wealth management app has launched a new offering that allows users to earn up to 17.5% annualized percentage yield (APY) on their Ethereum holdings, it said in a release last week.In just one week, 60,000 ETH have been added to the wallet.All users of the SwissBorg app can simply activate the new offering on their “Smart Yield” wallets to avail the benefits of the … [Read more...] about SwissBorg’s ‘Smart Yield’ wallet is offering up to 17.5% APY on Ethereum