Well asking this question cos I wanted to see how many of you do stake your USDT. I have seen my friends earning lots of interest from their USDT holdings. So I also wanted to stake some USDT to earn some interest since it's sitting on my wallet doing nothing. I checked a few cexs that offer USDT saving option or other options that offer interests.
Exchanges used to offer more than 10% APR rate for USDT staking but now they have reduced it a lot. I used to do USDT staking on Binance because back then they offered higher interest rates than banks. But now I don't. However, you can stake FDUSD on Binance regardless of how low the annual interest rate is. You will get free tokens in the form of airdrops from every Launchpool on Binance. From which you can earn a good amount. If you have $5000 FDUSD holding then you can get at least $20-100 from each Launchpool. If you calculate that, your annual interest rate will be much higher