Can I get high yields from stable coins?
Asked 3 years ago
The number one thing my husband and I keep an eye out for in our investment journey is high yields. Do stable coin investments reap high yields?
Amya Wolf
Monday, July 18, 2022
Yes! You can definitely earn high yields from stable coins. In fact, in the vast majority of cases, stable coins offer the highest possible yields of any cryptos (and even other assets for that matter). This is because stablecoins are incredibly sought-after, with USDT and USDC always being in the top #5 most used cryptos by volume. You can earn stablecoin yields by lending, staking, or yield farming, and it ranges anywhere from 5-15% APY, depending on the platform.
If you're not sure where to lend your stable coins, consider looking at some of the most popular CEXs and DEXs. I'd recommend checking out Binance, KuCoin, Coinbase, Nexo, and UniSwap.
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