News for hackers. Stuff that matters.

A comment on Tether minted most USDT to just 2 firms – Alameda and Cumberland. Parent comment

Re:Tether minted most USDT to just 2 firms – Alameda and Cum... by lupire on Friday August 13, 2021 @11:43AM (#28170380)
The exact number "8.88%" kind of screams "scam targetted at Chinese culture".
[ Parent | on HN ]
Re:Tether minted most USDT to just 2 firms – Alameda and Cum... by godot on Friday August 13, 2021 @12:31PM (#28171104)
That number varies, it's a weekly rate. I've been with Celsius for a while now and I know USDC interest rates used to be 10+% not too long ago (a couple months maybe?). Also, that's just their US rate for USDC and a few other assets. BTC interest rate is 6.2% right now. Internationally, the USDC interest rate is 11.21% with rewards in CEL.

Celsius is a British company and is also HQ'd in the US now.

[ Parent | on HN ]