Better than a Savings account
OMG the financial world is changing so fast I can't keep up! #DeFi #CeFi #crypto, yield farming . . .what the ∆#@! are you talking about? https://cryptoslate.com/a-simple-guide-to-defi-vs-cefi-crypto-lending-and-borrowing/ https://cryptobriefing.com/yield-farming-defi-beginners-guide-earning-interest-crypto/ Banks better evolve quick or get left in the dust. Introducing AnchorUSD it's like a hybrid between a crypto exchange and a savings account. The app links to your bank account and pays more interest than a bank account. It pays 7.83% apr on your USD deposits and various rates on crypto deposits. I am not affiliated in any way so my understanding is limited **DYOR****.** Your USD deposits are converted to AnchorUSD on the Stellar Network. https://www.anchorusd.com/ https://www.internetslang.com/DYOR-meaning-definition.asp https://www.stellar.org/ AnchorUSD partnered with the Stellar network to provide a best-in-class implementation specification for fiat-backed stablecoins. By using the AnchorUSD API, we created USDX for Stellar, a stablecoin pegged to the US dollar. i've been using the app for a month. I was super impressed with the initial sign up and the account linking happened at the same time. Smooth! Since then, I have collected interest, bought $USDC and $XLM. I have also transferred crypto to other wallets. I think it's great! The interface is simple. You won't have to worry about bid/ask spreads. People buying crypto and holding for the long run I think will be happy. It works as it should. To the developers: thank you and kudos to job well done! https://www.circle.com/en/usdc https://www.coingecko.com/en/coins/stellar Resources https://www.anchorusd.com/ https://www.stellar.org/ https://www.internetslang.com/DYOR-meaning-definition.asp https://www.circle.com/en/usdc https://www.coingecko.com/en/coins/stellar **https://cryptoslate.com/a-simple-guide-to-defi-vs-cefi-crypto-lending-and-borrowing/** https://cryptobriefing.com/yield-farming-defi-beginners-guide-earning-interest-crypto/ Crypto Investing Stellar Lumens (XLM) savings https://www.publish0x.com/tag/cryptocurrency https://www.publish0x.com/tag/investing-tqebqvy https://www.publish0x.com/tag/stellar https://www.publish0x.com/tag/savings-texppne [sponsors]
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