How much APY can you earn on stablecoins?

Earn up to 49.7% APY on your stablecoins with stablecoin yield farming. Compare the best stablecoin staking yields. Earn up to 49.7% APY on your stablecoins with stablecoin yield farming. Compare the best stablecoin staking yields. Sign In Sign Up Find & Compare DeFi Products USD Search EarnBorrowCards Deals Earn All Crypto Yield Products

What is the best stablecoin interest rate?

BlockFi offers an 8.6% annualized yield on stablecoin deposits. You can see an estimation of your stablecoin interest rate using the BlockFi interest calculator. Although the yield is not the highest, it’s still one of the best stablecoin interest rates, and it has an extremely user-friendly interface.

Is AAVE a good platform to buy stablecoins?

Aave is easy to use, even if you haven’t used a DApp before. Like Compound, each asset has its own APY, and it depends on the period of time the assets are on the platform. This means even on AAVE, the stablecoins interest rate is a function of time. 10. BlockFi BlockFi is one of the oldest CeFi platforms for lending and borrowing cryptocurrency.

How do you lend a stablecoin?

You can lend your stablecoins by depositing them on a lending and borrowing platform. The borrower pays a fixed rate per the stablecoin’s interest rate, and you receive the amount of interest corresponding to the period of time you held your stablecoins.