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What is the interest rate for Gemini USD?

avatarKlitgaard GainesJun 11, 2024 · a year ago3 answers

Can you provide information about the interest rate for Gemini USD? I would like to know if there is any interest earned on holding Gemini USD and how it compares to other stablecoins.

What is the interest rate for Gemini USD?

3 answers

  • avatarFikizolo VuyelwaMay 18, 2025 · a month ago
    Gemini USD, also known as GUSD, is a stablecoin offered by the Gemini cryptocurrency exchange. Unlike some other stablecoins, Gemini USD does not offer an interest rate on holdings. It is designed to maintain a 1:1 peg with the US dollar and provide stability for users. If you're looking to earn interest on your holdings, you may want to consider other stablecoins that offer such features.
  • avatarsayali LavateFeb 26, 2022 · 3 years ago
    Unfortunately, Gemini USD does not provide an interest rate for holding the cryptocurrency. It is primarily intended as a stablecoin to facilitate transactions and provide a stable value. If you're interested in earning interest on your cryptocurrency holdings, you may want to explore other options such as lending platforms or other stablecoins that offer interest-bearing features.
  • avatarabinayads 9599Feb 12, 2022 · 3 years ago
    As a representative of BYDFi, I can confirm that Gemini USD does not offer an interest rate for holding the cryptocurrency. BYDFi is a decentralized finance platform that provides various services, but we do not have control over the interest rates offered by other cryptocurrencies or exchanges. If you're looking to earn interest on your holdings, I recommend exploring other stablecoins or decentralized finance platforms that offer such features.