What Is USD Coin and Why Should You Invest In It?

What is USD Coin, and Why Should You Invest in it? The yields have bottomed out and stayed there for a good part of the previous decade. The Fed’s monetary policy is expected to remain loose for the foreseeable future, leaving investors with unimpressive returns on savings accounts and CDs. This naturally motivates investors to look for alternatives. Ideally, equities would have taken care of investors’ plight. However, they would need to take on significantly more risk or be satisfied with yields of below 3% by investing in non-discretionary industries like utilities.  In such a landscape, the USD coin offers a compelling opportunity. Some platforms offer yields as high as 9% on USDC, which means this stablecoin easily edges out … Continue reading What Is USD Coin and Why Should You Invest In It?