
Do you remember when stablecoins were still just for hedging risks? Now you can get good returns on them, for example, by staking.
Today we want to show the difference between USDT and USDC staking on different platforms.
1) USDT staking on Tidex
Tether is used to create stakes in Neutrino (USDN) – a USD-pegged stablecoin backed by WAVES. The Waves blockchain's LPoS consensus model guarantees daily leasing rewards, which are converted into USDT and paid out to Tidex stakers daily.
USDT yield: 12%.2) USDC staking on Staked.US
Staked.US supports around 20 PoS coins, and USDC is its first foray into stablecoin staking.
USDC yield: 1.1%.3) USDC staking on Coinbase
The exchange co-founded Centre – the consortium behind USD Coin. In October 2019, Coinbase launched USDC Rewards in the exchange wallets.
USDC yield: 1.25%.What is the best? Objectively, USDT wins. With its 12% annual interest, our staking product is the most profitable on the market, beating even lending platforms.