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I’ve got $200,000 in a savings account. Thinking of putting it in Coinbase’s USDC stable coin if I get off their waitlist for 4% interest. Smart? Dangerous?

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by COINS NEWS 140 Views

Right now I’m only earning 0.5% as it’s sitting in Ally banks online savings account. 4% would be an awesome rate. This is not all our life savings or anything, but it is our emergency fund. Since USDC is a stable coin, and Coinbase is a public company, this seems safe, but still feels kinda wrong.

submitted by /u/carlinwasright
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