A post by @coinbase on X.
Somewhere right now a dollar is sitting in an account doing absolutely nothing.
@coinbase on X
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Coinbase launched a promotional offer giving new members 10% APY rewards on USDC holdings for their first 30 days, bundled with a free month of its Coinbase One subscription. The 10% rate is a temporary boost above the stablecoin's typical yield, aimed at drawing new depositors onto the exchange. The move matters as competition among crypto platforms for stablecoin balances intensifies, with promotional APYs used to convert idle cash into on-platform USDC. What to watch next is whether the limited-time rate translates into durable USDC inflows and subscription conversions once the 30-day window and free One month expire.
Muhabbit's AI wrote this summary of @coinbase's post in its own words. It can get details wrong, so read the post on X.
Named in this story
Coinbase (COIN), USDC, Coinbase One
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