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Don’t underestimate stablecoins. Those 20% APYs hit pile up fast.

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by COINS NEWS 227 Views

I see a lot of people (especially beginners) disregard stablecoins as a good investment just cause the price doesn’t change.

This couldn't be farther away from the truth as the true power in stablecoins in yield farming. Some platforms like Nacho and Beefy offer very high APYs. Some even like Yield App offer near 20% on USDC and USDT.

I think stable and sustainable profits always defeat improbable ones for a memecoin where the probability of actually making profit is very low compared to that of DeFi where profits are ensured even if the whole market dips.

submitted by /u/DwaywelayTOP
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