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Coinbase is offering new users a promotional 10% annual percentage yield on USDC holdings for their first month on the platform. To qualify, customers must deposit at least $1 in USDC by December 3 and activate a free 30-day Coinbase One trial. The boosted rate applies to balances of up to $100,000 during that initial month. The move matters as a customer-acquisition push amid fierce competition among regulated crypto exchanges for stablecoin deposits and yield-seeking users. Watch whether the promotion lifts USDC inflows and Coinbase One trial conversions ahead of the December 3 deadline.
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Coinbase (COIN), USDC, Coinbase One
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