There has been a significant drop in the yield rates offered by crypto yield platforms. Circle, the issuer of stablecoin USDC, used to offer rates of 6-8 % APY, ranging from 1-12 months. However, they currently offer a yield rate of 0.5% for terms of any length. Crypto.com also slashed its yield rates. The exact The post Centralized Crypto Lenders Slash Rates As Markets Slump appeared first on CoinGape.
