Fintechs across Latin America, Africa, Turkey, APAC are now offering real yield on stablecoin balances directly in their apps, w/o friction or lockups, via
@opentrade_io on
@avax...
> Ontop users (contractors across 150+ countries) may deposit their USD paychecks and earn 6% APR automatically ($10M captured in the first month!).
> Midas users in Turkey may deposit USDT + earn 4% backed by U.S. money market funds, thus protecting against lira collapse while earning returns.
> Glim employees in Colombia may get 3% APY on their paycheck savings, compounding daily.
>
@kredete in Africa: 500K users earning 2-9% depending on risk appetite.
>
@buenbit_mx serving 4M+ LATAM users with 7% products...
+ more.
Why users care? Money finally works for them instead of sitting in a savings account earning nothing while inflation eats your purchasing power.
How fintechs win? Deposits grow fast, users stay longer, and fintechs capture net interest margin vs. just transaction fees.