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The average interest rate for a savings account is 0.06%. You can easily get 6% using stable coins.

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by COINS NEWS 235 Views

Banks are the biggest scams in the world.

They are giving you you interest rates of 0.06% for your money but if you want a loan you need to pay them 10% interest on average.

On crypto, you can easily get 6% interest on stable coins - probably more. And lending is so much cheaper.

I get that some people might think stablecoin staking / defi isn’t as secure as banks. It might be true, but if we want change we must take a leap.

Do you stake stable coins? If so, where and which one?

the numbers are just averages. You most likely will be able to get better rates.

submitted by /u/SoonMoonn
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