We are pleased to share that we are now providing market-beating yields on the USD Coin stablecoin under the Cashaa Earn product on the Cashaa app – users can now earn interest of up to 20% on their USD Coin (USDC) deposits.
Why earn yield on Stablecoins?
While the crypto market offers many exciting investment opportunities, crypto assets are also known for their volatility. By contrast, stablecoins are pegged to assets like fiat currencies and commodities, which offer price stability in relation to other crypto currencies.
As USDC is a stablecoin pegged to the US dollar, our yield on stablecoins gives users the opportunity to generate passive returns on an asset that will hold its value, and hedge against the volatility of other crypto and fiat assets. In a bear market, a portfolio that is diversified with a stablecoin can also still beat inflation and make a profit.
Why choose USDC Cashaa Earn?
In addition to USDC, Cashaa now offers Earn features on Bitcoin, Ethereum, Binance Coin and Tether, and Fiat currencies which come with the following benefits:
1. The Cashaa Earn strategy optimizer, which offer returns only on assets that have high institutional demand for credit and liquidity, leading to minimum risk.
2. A daily compounded interest, which leads to a higher yield over time.
3. A minimum deposit of just $50, and no minimum investment period for flexi plans, so everyone can start earning a passive return with minimum capital.
4. Finally, users who wish to receive interest in CAS tokens will receive the highest APY with CAS bonus!
How to use Cashaa Earn Flexi Plans:
1. Update your app to the latest version.
2. Deposit, buy or exchange to USDC.
3. Voila, you will start earning daily interest within 24-48 hrs on the balance kept in your USDC wallet.
Note that while there is no minimum investment period, redemptions are actioned every 24 hours.
How to use Cashaa Earn Fixed Plans:
Please refer to the below article link for Cashaa Earn Fixed Plans tutorials:
USDC – Fixed Deposit rates based on Membership Tiers: