By holding stablecoins, you earn a steady 5% per day

[Luqman]

Did I say it was Binance?

Can you read properly? I never mentioned Binance, what I wrote above is 'Coinbase'. Please read carefully before you respond it. 

I am not sure Coinbase will run this program for a long time

Did I tell you to do it?

Do I say to do the same way as you?
Anyway, I don't know why you are so emotional, I just share my opinion. If you don't like it, you can ignore it.
 

But with 1000USDT, you may only get a 1.6% yield ratio.

If I have $1000, I prefer to buy some altcoins with that fund. Then, I will trade it regularly. I think it will be more profitable than staking it.

[1715137010]

1715137010

[Koro-Sensei]

I don't know why you all choose to hold risky and unstable currencies, but Coinbase is now offering a non-destructive alternative mining program that can steadily earn 5% per day as long as you have USDT in your wallet and participate in DeFi's mining program. For example, I have 130KUSDT in my wallet right now, and I'm generating 6,000-7,000 usdt of mineral revenue per day from the mine pool. There was no collateral and Coinbase was the first exchange in the world to go public, so I felt my money would be safe. So I choose it. What about you?

It'll be big if its a per day rate lol. I don't think that they're willing to give you that 6-7K$ per day by just giving them your 130K$. Well, there are lots of projects who offer more than that 5% per annum. Even a 100% in other defi project or even goes high up to a 500%. These are much profitable than what coinbase are offering. Providing liquidity is quite a good option too. Just be careful with IL.

[DarkDays]

That's not 5% per day.

That's too good to be true if there are platforms that offer that for real. They're per annum.

I was about to say the same thing. Very few platforms calculate their APY per day, unless they have a calculator but usually this is per annum, and still 5% per annum for stablecoins is still decent. Much more decent than what Binance offers but in the end it's all about risk tolerance.

You can get higher/lower APY for your money, it all depends on how much risk you want to take for that yearly interest. If you look at Tranchess Protocol or other DeFi protocols the APYs are much more attractive than what an exchange like Gate or Coinbase can offer.

In the end, it is up to the individual and doing what feels safe for them. In a way, we are fortunate to even have this choice

[HodlerKing101]

If you want to stake your USDT, better option is Celsius.