Is it possible to earn interest on a USDC loan while holding onto my cryptocurrency investments?

3 answers

• May 05, 2022 · 3 years ago
  Absolutely! With the rise of decentralized finance (DeFi), it's now possible to earn interest on your USDC loan while holding onto your cryptocurrency investments. Platforms like Compound, Aave, and Yearn Finance allow you to lend your USDC and earn interest on it. You can then use that interest to reinvest in your cryptocurrency portfolio. This way, you can generate passive income without selling your crypto assets.
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• May 05, 2022 · 3 years ago
  Yes, it's definitely possible to earn interest on a USDC loan while keeping your cryptocurrency investments. By lending your USDC on platforms like Celsius Network or BlockFi, you can earn interest on your loaned funds. This allows you to maintain your exposure to the cryptocurrency market while also earning a passive income.
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• May 05, 2022 · 3 years ago
  Sure, you can earn interest on a USDC loan while holding onto your cryptocurrency investments. BYDFi, a leading decentralized finance platform, offers a USDC lending feature that allows you to earn interest on your loaned USDC. This way, you can benefit from both the potential appreciation of your crypto investments and the interest earned on your USDC loan.
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