Many businesses are trying to identify a strategy to participate in the trillion dollar crypto market and they're choosing a unique way to enter the market.
Time for a quick thread ππΌππΌππΌ
Time for a quick thread ππΌππΌππΌ
1/ Stablecoin lending markets have become an important part of the crypto ecosystem, and theyβre still growing, with more than $100 billion stablecoins now in circulation.
2/ Returns are higher than traditional capital markets based on borrowers willing to pay a premium for stable on-chain assets like USD Coin (USDC).
Returns vary by platform, but compared to traditional yields, stablecoin yields are incredibly more attractive.
Returns vary by platform, but compared to traditional yields, stablecoin yields are incredibly more attractive.
3/ How can companies, crypto focused or not, take advantage of this?
The Circle Yield Early Access Program is launching today, with select customers being onboarded as they roll out the premiere B2B stablecoin yield product.
The Circle Yield Early Access Program is launching today, with select customers being onboarded as they roll out the premiere B2B stablecoin yield product.
4/ The fixed-term, fully secured offering gives corporate treasury managers access to rates up to 8% APY on idle working capital, fully secured and overcollateralized.
5/ With global interest rates at all-time lows, Circle Yield is one of the safest ways to put capital to work and still gain an attractive return, especially when considering higher levels of inflation.
6/ I've been working with the Circle team on various efforts for awhile now. They even sponsor the podcast.
Yield will be launching for all approved customers later this year.
You need a Circle Account to get started, go sign up! circle.com/en/circle-accoβ¦
Yield will be launching for all approved customers later this year.
You need a Circle Account to get started, go sign up! circle.com/en/circle-accoβ¦
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