Coinbase rolls out high-yield USDC product, taking aim at fintech offerings

Coinbase has announced a new product offering that could set it apart from its fintech rivals in a world of low interest rates. The publicly traded cryptocurrency exchange unveiled Tuesday a new savings account-like product that allows users to earn 4% annual percentage yield (APY) by lending out USDC.  “Coinbase’s high-yield alternative to traditional savings […] The post Coinbase rolls out high-yield USDC product, taking aim at fintech offerings appeared first on The Block.