How to Earn Interest on USDC Easily

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USD Coin (USDC) is a stablecoin that runs on a couple of popular blockchains such as Ethereum, Algorand, Stellar, and Avalanche, just to mention a few. Its rate is pegged to the US dollar so that it never fluctuates like many cryptocurrencies do.

Crypto holders are always looking to invest in stablecoins such as USDC on reputable platforms that will give them the best USDC interest. If you are such an investor and looking for how to earn interest on USDC, this article will guide you.

How to Earn Interest on USDC on YouHodler

YouHodler is a platform that accepts dozens of cryptocurrencies and stablecoins. Investors have a choice of what they want to save depending on the annual interest rate (APR) they want to get.

USDC earns an APR of 12% that starts to accrue the moment you save. But this is not the only benefit you get with this platform. The interest is paid weekly and you can withdraw it in your preferred coin or fiat currency facilitated by the internal exchange. You can also borrow crypto loans at fair interest rates with your saved USDC as collateral.

If you are wondering how to earn interest on USDC on YouHodler, then you need to visit the official website and get a YouHodler wallet. It is free to register and deposit the amount of USDC you would like to save. As mentioned, your USDC savings will start earning compounded interest immediately.

How to Earn Interest on USDC on Nexo

Nexo is a big competitor of YouHodler. They operate in almost the same concept of giving interest on saved crypto and giving crypto loans as well. Likewise, Nexo accepts multiple cryptocurrencies, including USDC.

So, does the Nexo platform give the best interest on USDC? It is among the best at 12% APR just like YouHodler. As soon as you save your stablecoins, you will start to get compounded interest that is paid out daily.

The process on how to earn interest on USDC involves getting a Nexo wallet by registering on their official website. Then, save USDC and start earning daily compounded interest with no hassles.

How to Earn Interest on USDC on Celsius

Does USDC pay interest on Celsius? Although Celsius does not give as high interest rates as YouHodler and Nexo, investors get 8.5% APR plus many other rewards. So, there is a good reason for you to hold the stablecoin on this platform at any time.

As such, anyone who is looking for how to earn interest on USDC using Celsius should visit the website, register to get a wallet, and deposit USDC. On top of said interest rate, there are numerous rewards to be worn for staking all accepted cryptocurrencies. Once you are in the ecosystem, you will learn more.

Conclusion

Does USDC coin pay interest? This is a concern for many crypto enthusiasts who are interested in HODLing the stablecoin. We have already answered by explaining how to earn interest on USDC on these three popular crypto saving and staking platforms. But there are many others that give competitive APR on USDC and you can check them out on the web, too.

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