Hodlnaut has increased its stablecoin interests rates to 10% (APR) and 10.5% (APY) SINGAPORE, May 6, 2021 /PRNewswire/ -- Hodlnaut, an emerging cryptocurrency lending platform based in Singapore, announced today an increase in its Dai (DAI), USD Coin (USDC), and Tether (USDT) stablecoin interest rates. The new interest rates will be effective from May 4 2021. Previously, Hodlnaut offered an 8.0% APR (8.3% APY) for stablecoins. The rates have now increased to 10.0% APR (10.5% APY). The new rates will provide significant returns to users while they hold their stablecoins with Hodlnaut. The company has maintained consistent interest rates on both cryptocurrency and stablecoins irrespective of the changing market conditions. "We aim to provide favorable interest rates to our customers so that they can get the most out of their cryptocurrency," said Juntao Zhu, Hodlnaut's CEO & Co-founder. "We are confident that the increase in our stablecoin interest rates will provide significant benefit to our HODL-ers community." In addition to raising its stablecoin interest rates, Hodlnaut has also launched a new Token Swap feature. The trading feature allows users to swap tokens seamlessly and earn interest in their choice from the pool of available assets: BTC, ETH, DAI, USDC, and USDT.

By PR Newswire

You May Also Like

Apple pulls HKmap app from App Store after complaints from Chinese media

Apple is known to be one of the companies which protects the

Taiwan to Impose Health Declaration Forms on All Visitors

Those failing to accurately do so face a fine of up to NT$150,000

Taiwan ranked No. 1 country in the world for ‘work, make friends, and raise a family’

We have seen that there have been a lot of surveys going

NSC says that Taiwan will lose one or two more allies to China by 2020

According to a new report by the National Security Council, Taiwan’s lose