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| | Not Just Parking Cash: USDT Income Options | | This year, Bitcoin passed $120,000. Some chased after altcoins, while others parked profits in stablecoins. But stashing cash means missing yield. From safe exchange rates to high-return DeFi, we're comparing the main ways to earn passively. | | | | | | | | | | | Most investors still start with CEXs for their simplicity and liquidity. Currently, average yields hover around 5%, with extra perks for newcomers. | | Binance: Up to 13% on flexible USDT deposits, though only on the first 200 USDT. After that, it drops to 5%. Withdrawals are instant. | | | OKX: 5% on flexible USDT, or 10% for new users for 180 days. It also lets you earn via DeFi protocols like Aave and Compound, but without leaving the exchange. | | | Kraken: 5.5% APY on USDT, no minimum deposit, with weekly payouts. | | | | | | DeFi promises higher yields than CEXs, but its real draw is control: funds sit in smart contracts, not with a custodian, and there's no KYC. The trade-off is risk: even reputable protocols can have vulnerabilities, and scammers have been known to exploit old dApp domains still listed on platforms like DeFi Llama. | | Aave: Lending across 17 chains, with USDT yields from 3-10%. Liquidity shifts can push rates higher. | | | Morpho: Builds on Aave and Compound with a P2P layer, boosting efficiency and returns (4-10%). Its V2, launched June 2025, added fixed rates. | | | Sky Protocol (ex-MakerDAO): Around since 2017, now offering 4.5% via the Sky Savings Rate. | | | Ethena: Pays ~10% on its synthetic USDe, jumping to 15-25% in busy markets. | | | | | | | | | | Have you enjoyed this letter? | | | | | | © Changelly 2015—2025
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