Crypto.com Chain
$0.03793 0%
CRO · 4w

Earn USDC at 12%... Is there a catch I'm not seeing?

So I just got set up on a jade card and I threw most of my coins into earn since I tend to hold. While looking at rates I saw USD Coin at 12% earn and I'm a bit incredulous. Is it true that USD Coin is always tied to the dollar, and can't increase or decrease in value compared to the USD? Can I just buy USD Coin and put it into a 3 month earn and essentially get the equivalent of a 12% CD? Even more crazy, can I put it into flexible and always have access to it while earning 8%?? Is there some kind of catch here? How is this possible? What universe have I stumbled into?
Go to self.Crypto_com
Recent news
No posts found