The American company Coinbase announced the launch of the USDC Rewards program, under which customers will be able to receive 1.25% per annum for storing each USD Coin coin on the site.
USD Coin – stablecoin supported by the reserve currency USD. The price of the coin is stable, the holder can exchange it for a dollar at any time. Meanwhile, the cryptocurrency of the exchange allows its users to transfer funds instantly and free of charge, while storage is carried out without any financial intermediaries.
In order for a certain profit to accrue to customers, it is not necessary to conduct any operations with USDC. To generate income, you need to have at least some stablecoin on your account. Remarkably, funds are credited to the account on a monthly basis. The more on the account, the more the user has a chance to earn money – while there are no restrictions on managing these funds. Buying USD Coin does not involve commissions; exchange customers can convert stablecoin to any other cryptocurrency supported by Coinbase.com. Naturally, you can withdraw funds in USD at any time.
