There are also some new investment tools, allowing to get returns on stablecoins investing, for example, Invictus Margin Lending (IML) Fund that aims to provide investors with exposure to margin lending returns. Average annualized daily rates for USD in this capacity on Bitfinex have been in excess of 16% for the past 12 months.

The fund only holds USD or USD-equivalent TrueUSD (TUSD) stablecoins. Fund capital is lent out to traders, who borrow these assets primarily for leveraged trading. There is on-demand liquidity for IML token holders, who are able to invest or redeem from the fund on a daily basis. Traders borrow these assets primarily for leverage trading via major cryptocurrency exchanges.
Because the demand is strong and growing while several platforms have recently introduced margin trading functionality or increased the maximum leverage available to traders. Returns have exceeded the hurdle rate since inception, with consistent net returns at rates of approximately 11%.