Yields on Stable Coins Will Beat Your Bank Interest Rates Including CD's by A Lot ( 20 to 50 x)

 How To Get The Best Yields On Stable Coins In Crypto?

For most of the years that I have been investing the Holy Grail was always finding the best CD on bank interest rates so that none of your money was at risk. I can remember several years ago that people were literally going nuts over 3.5% CD's. You put in $100,000 and you get $3,500 at the end of the year. This is referred to as an APR. Pretty good hey. Well, yes and well no not at all if you understand what is you available to you out there today. But remember yields in crypto are different than interest rates from banks.

If you do not know of understand what Stable Coins are or maybe any crypto assets then it is really important that you take the time to understand, learn and do some research into how crypto works. Find out what each use case is for some of the main cryptos like Avalanche, Cardano and Ethereum to name a few. Learn about Bitcoin as a digital asset. In this process you will learn about stable coins. In a nut shell these coins are tied or pegged to the US dollar. This means that every day that coin is just about equal to the dollar. If it is slightly off that is when you will hear the term arbitrage. 

Since stable coins are pegged to the US Dollar many people believe that they are the safest investment in crypto. However, unlike the US Dollar there are several different coins that are pegged to the US Dollar. Many of these are from the Different eco systems. For Example one of the most infamous is Terra Luna's pegged dollar that is called UST. Another is USDC, and USDT, DAI, MIM etc. 

The very ext post I will update you on some of the best places to get stable coin yields that are almost always 20% and above. 

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