Articles on: Crypto Saving

How does a cryptocurrency savings account work?

We generate returns by lending out our customers USD stablecoin holdings to institutional borrowers as well as participating in and supporting decentralised finance (DeFi) protocols and exchanges. We have a rigorous risk management process and perform extensive due diligence on all protocols, platforms and partners that we lend to. Where we lend to institutions, we ensure that all loans are fully collateralised. This strategy means funds are easily accessible and we pay out returns to customers daily.

Returns generated by cryptocurrency deposits remain high as market participants are willing to pay high levels of interest to borrow assets they struggle to access via traditional needs. As the crypto market develops yields will decrease as capital becomes more accessible, however, we feel there will also be opportunities that emerge to generate yield to compensate.

Updated on: 23/05/2023

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