USD Coin (USDC) is a stablecoin fully backed by the US dollar. Where available, Coinbase customers with US dollar accounts may exchange 1 USDC for Oct 2, 2019 Essentially, if you're a U.S. customer, your Coinbase account has become an uninsured savings account with a 1.25% APY rewards rate. Oct 3, 2019 will now be entitled to 1.25 percent APY. Starting today, eligible US customers will earn 1.25% APY rewards on every USD Coin held on 1.25% APY is shit. Put your money somewhere else Oct 2, 2019 Be sure to connect your bank account and use that as payment instead of debit/ credit card to avoids fees with USDC Purchases! Join Coinbase Oct 2, 2019 With USDC Rewards, people will begin earning 1.25 percent APY on every USD Coin they hold on Coinbase. “USDC Rewards is a way for Oct 2, 2019 USDC are backed by actual dollars and redeemable for USD at a 1:1 ratio. Yearly yield or APY for USDC held on Coinbase will be 1.25 percent
Oct 02, 2019 · Today, Coinbase announced the launch of USDC rewards. US Coinbase customers are now eligible to earn 1.25% APY rewards on all USD Coin held on Coinbase.. USD Coin is an ERC-20, fiat-backed stablecoin created by CENTRE, a consortium founded Coinbase and Circle.The company has issued nearly $1 billion in USDC since it’s inception and is one of the more popular fiat-backed stablecoins on … Jun 02, 2020 · Coinbase Quietly Cuts 1.25% Interest Rate on USDC Stablecoin to Just 0.15% APY While investors are carried away with the bullish market as Bitcoin hits $10,000 for the first time since February, popular cryptocurrency exchange Coinbase has quietly slashed the interest rate it offers on its dollar-pegged stablecoin USDC. Oct 03, 2019 · USDC: Coinbase to Pay Users 1.25% Interest on Holdings Stablecoin October 3, 2019 at 11:18 AM | By Jit Sutradhar Feature You do not have to be a trader in Coinbase for profit.
Oct 04, 2019 · Coinbase has announced they will be rewarding users with interest for holding the stablecoin USDC. The annual yield is 1.25% and customers will start earning interest starting Wednesday. Any user with at least 1 USDC will start automatically earning interest which … Jun 03, 2020 · Until now, Coinbase users earned 1.25% annual percentage yield (APY) on their USDC funds. That reward now has been cut to just 0.15% APY, effective today. Coinbase did not specify the rationale behind the move, but the reduction is in line with other major banks and fintech firms.
Jun 03, 2020 · Coinbase has said that it will reduce the annual rewards on holding USDC stablecoins by 88% in a recent email announcement. The firm noted that the Annual Percentage Yield (APY) will be adjusted to 0.15% from the current 1.25% as of today, June 3, 2020.
4 days ago In an email shortly before 3am today, Coinbase announced that USDC stablecoin rewards will be reduced from 1.25% to just 0.15% APY. Coinbase has 89 repositories available. Follow their code on GitHub. storage- friendly voting for MKR tokens. Solidity Apache-2.0 0 0 0 1 Updated 21 days ago TechCrunch - Mar, 25 2020. Office of the Coinbase announces USDC Bootstrap Fund to support DeFi projects. TechCrunch TechCrunch - May, 1 2019. USD Coin (USDC). $ 1.00133369 (1 USDC) 0.11%. USD Coin is a stablecoin which is pegged to the US dollar. It is managed by Circle and Coinbase. Oct 23, 2018 [1] https://twitter.com/coinbase/status/1054764504259543041 USDC tokens are ERC-20 compatible and can be used with any ERC-20 compatible digital wallet. However Just FYI 1:1 exchange rate is a 25% discount.