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Home Crypto Staking Yields Stablecoin Staking Yields

Compare The Best Stablecoin Staking Yields
March 2023

EARN UP TO 1012.8% APY ON YOUR STABLECOINS. Many platforms offer excellent yields on stablecoins. Staking a proportion of your crypto portfolio to stablecoins and investing the coins in yield bearing savings accounts can be an excellent way of building your crypto wealth.
DeFi
1,094 crypto investments monitored
Platform Reviews Features / TVL Interest Rate
CeFi
United States
94%
Compare
$10 free Bitcoin when you buy or sell more than $100. View all Coinbase deals
tickThe largest crypto exchange in the US
tickSimple, easy to understand interface
tickFully regulated in the US
2.83%
APY
Interest paid DAILY
Go To SiteGo
CeFi
Lithuania
94%
Compare
10% off fees 10% off trading fees. CodeClick to Reveal Code View all Binance deals
tickThe biggest crypto platform in the world
tickHuge array of innovative crypto related services
tickHigh liquidity exchange offers competitive rates
UP TO
6.28%
APY
Interest paid DAILY
Go To SiteGo
CeFi
Hong Kong
90%
Compare
$50 free CRO when you deposit $1,000 or more in CRO. CodeClick to Reveal Code View all Crypto.com deals
tickFully comprehensive suite of crypto services.
tickAutomatically buy cryptos on a fixed schedule - great for dollar cost averaging.
tickRegulated & trustworthy.
UP TO
0.55%
APR
Interest paid WEEKLY
Go To SiteGo
CeFi
United Kingdom
80%
Compare
£10 Free BTC when you buy or sell £100 in crypto. CodeClick to Reveal Code View all Luno deals
tickEasy to use mobile and web apps
tickGreat for beginners
tickStrong support in a number of developing countries
7.6%
APR
Interest paid MONTHLY
Go To SiteGo
DeFi
98%
Compare
tickThe platform is blockchain agnostic
tickUsers have full controll over their assets
tickUsers benefit platform’s revenue by staking LRC
UP TO
7.02%
APY
Interest paid DAILY
Go To SiteGo
CeFi
Bulgaria
78%
Compare
$25 Free BTC When you deposit $100 or more in assets on the platform. View all Nexo deals
tickVery simple & easy to use
tickNo hidden fees
tickInterest paid daily
UP TO
20%
APR
Interest paid DAILY
Go To SiteGo
DeFi
88%
Compare
tick$232,612,752 USD currently invested (TVL)
tickInvestments in 68 coin pairs available
tickOperating on DeFichain protocol
UP TO
20.7%
APY
Interest paid DAILY
Go To SiteGo
CeFi
Estonia
87%
Compare
Earn 0.1% cashback on every exchange and loan + 0.05% monthly cashback on savings. View all Coinloan deals
tickHigh LTV of up to 70% available on loans
tickHigh savings account interest rates
tickDaily compound interest
UP TO
12.3%
APY
Interest paid MONTHLY
Go To SiteGo
DeFi
66%
Compare
tick$2,327,685,233 USD currently invested (TVL)
tickInvestments in 103 coin pairs available
tickOperating on Binance Smart Chain protocol
UP TO
80.8%
APY
Interest paid DAILY
Go To SiteGo
CeFi
Singapore
78%
Compare
Free 70 USDT When you deposit $11,000. CodeClick to Reveal Code View all Hodlnaut deals
tickVery simple easy to understand interface
tickInterest accrued daily and paid out weekly
tickEnhanced interest rates available for big depositors (over 100 BTC)
UP TO
7%
APR
Interest paid WEEKLY
Go To SiteGo
DeFi
66%
Compare
tick$1,107,882,024 USD currently invested (TVL)
tickInvestments in 1,395 coin pairs available
tickSupports protocols including Arbitrum, Ethereum and Polygon
UP TO
1010%
APY
Interest paid DAILY
Go To SiteGo
DeFi
95%
Compare
tick$90,412,474 USD currently invested (TVL)
tickInvestments in 137 coin pairs available
tickSupports 7 protocols including Arbitrum, Ethereum and Binance Smart Chain
UP TO
620%
APY
Interest paid DAILY
Go To SiteGo
DeFi
83%
Compare
tick$79,828,435 USD currently invested (TVL)
UP TO
0.338%
APY
Interest paid DAILY
Go To SiteGo
CeFi
Switzerland
91%
Compare
tickVery high LTV up to 90% available on loans
tickInnovative Multi-HODL product allows market speculation with savings funds
tickTurbocharge allows highly leveraged speculation on crypto assets with multiple loans on one deposit of collateral
8%
APR
Interest paid WEEKLY
Go To SiteGo
CeFi
Canada
58%
Compare
$25 USDC cashback when you take out a loan. View all Ledn deals
tickUltra simple model
tickNo hidden fees
tickOnly one interest payment at end of 12 month term required on loans
8%
APY
Interest paid MONTHLY
Go To SiteGo
DeFi
82%
Compare
tick$204,862,712 USD currently invested (TVL)
tickInvestments in 79 coin pairs available
tickOperating on Binance Smart Chain protocol
UP TO
80.9%
APY
Interest paid DAILY
Go To SiteGo
DeFi
66%
Compare
tick$100,250,332 USD currently invested (TVL)
tickInvestments in 424 coin pairs available
tickOperating on Polygon protocol
UP TO
60.3%
APY
Interest paid DAILY
Go To SiteGo
DeFi
68%
Compare
tick$94,322,788 USD currently invested (TVL)
tickInvestments in 39 coin pairs available
tickOperating on Fantom Opera protocol
UP TO
36.1%
APY
Interest paid DAILY
Go To SiteGo
DeFi
72%
Compare
tick$37,310,826 USD currently invested (TVL)
tickInvestments in 187 coin pairs available
tickOperating on Solana protocol
UP TO
7.3%
APY
Interest paid DAILY
Go To SiteGo
DeFi
70%
Compare
tick$4,654,929,932 USD currently invested (TVL)
tickInvestments in 235 coin pairs available
tickSupports 8 protocols including Arbitrum, Ethereum and Polygon
UP TO
29.9%
APY
Interest paid DAILY
Go To SiteGo
CeFi
United Kingdom
79%
Compare
$100 USDC free Get $100 free in USDC when you deposit $2,000. CodeClick to Reveal Code View all AQRU deals
tickSimple, easy to use interface.
tickCompetitive exchange rates.
tickCompetitive interest rates for large deposits.
1%
APY
Interest paid EVERY SECOND
Go To SiteGo
DeFi
69%
Compare
tick$37,368,296 USD currently invested (TVL)
tickInvestments in 71 coin pairs available
tickOperating on Avalanche C-Chain protocol
UP TO
22.3%
APY
Interest paid DAILY
Go To SiteGo
DeFi
United Kingdom
68%
Compare
68%
tickVery low loan rates available
tickNo origination or early redemption fees
tickInterest accrued every second
UP TO
4.05%
APY
Interest paid DAILY
Go To SiteGo
DeFi
58%
Compare
58%
tick$346,224,509 USD currently invested (TVL)
tickInvestments in 396 coin pairs available
tickSupports 15 protocols including Fuse Sparknet, Arbitrum and Ethereum
UP TO
632%
APY
Interest paid DAILY
Go To SiteGo
DeFi
77%
Compare
77%
tick$481,219,958 USD currently invested (TVL)
tickInvestments in 581 coin pairs available
tickSupports 4 protocols including Arbitrum, Ethereum and Polygon
UP TO
63.1%
APY
Interest paid DAILY
Go To SiteGo
DeFi
80%
Compare
80%
tick$61,308,013 USD currently invested (TVL)
tickInvestments in 78 coin pairs available
tickSupports protocols including Binance Smart Chain and Huobi Eco Chain
UP TO
6.04%
APY
Interest paid DAILY
Go To SiteGo
DeFi
40%
Compare
40%
tick$767,290 USD currently invested (TVL)
tickInvestments in 11 coin pairs available
tickOperating on Polygon protocol
10.2%
APY
Interest paid DAILY
Go To SiteGo
DeFi
96%
Compare
96%
tick$42,412,922 USD currently invested (TVL)
tickInvestments in 25 coin pairs available
tickSupports protocols including Binance Smart Chain, Kava EVM and Moonriver
UP TO
34.4%
APY
Interest paid DAILY
Go To SiteGo
DeFi
77%
Compare
77%
tick$15,501,885 USD currently invested (TVL)
tickInvestments in 51 coin pairs available
tickSupports protocols including Binance Smart Chain, Polygon and Telos EVM
UP TO
99.2%
APY
Interest paid DAILY
Go To SiteGo
DeFi
80%
Compare
80%
tick$62,036,026 USD currently invested (TVL)
tickInvestments in 29 coin pairs available
tickOperating on Ethereum protocol
UP TO
34.6%
APY
Interest paid DAILY
Go To SiteGo
DeFi
87%
Compare
87%
tick$1,176,338,605 USD currently invested (TVL)
tickInvestments in 200 coin pairs available
tickSupports protocols including Arbitrum, Ethereum and Polygon
UP TO
19.9%
APY
Interest paid DAILY
Go To SiteGo
DeFi
60%
Compare
60%
tick$1,662,513 USD currently invested (TVL)
tickInvestments in 11 coin pairs available
tickOperating on Binance Smart Chain protocol
UP TO
55.1%
APY
Interest paid DAILY
Go To SiteGo
DeFi
83%
Compare
83%
tick$160,139,815 USD currently invested (TVL)
tickInvestments in 146 coin pairs available
tickOperating on Osmosis protocol
UP TO
42.2%
APY
Interest paid DAILY
Go To SiteGo
DeFi
90%
Compare
90%
tick$218,883,185 USD currently invested (TVL)
tickInvestments in 29 coin pairs available
tickSupports 8 protocols including Arbitrum, Ethereum and Binance Smart Chain
89.3%
APY
Interest paid DAILY
Go To SiteGo
DeFi
97%
Compare
97%
tick$46,980,814 USD currently invested (TVL)
tickInvestments in 13 coin pairs available
tickSupports protocols including Ethereum and Polygon
UP TO
5.09%
APY
Interest paid DAILY
Go To SiteGo
DeFi
94%
Compare
94%
tick$116,418,424 USD currently invested (TVL)
tickInvestments in 18 coin pairs available
tickSupports 4 protocols including Doge, Ethereum and Binance Smart Chain
6.05%
APY
Interest paid DAILY
Go To SiteGo
DeFi
100%
Compare
100%
tick$57,945,891 USD currently invested (TVL)
tickInvestments in 19 coin pairs available
tickSupports protocols including Ethereum, Avalanche C-Chain and Fantom Opera
UP TO
8.74%
APY
Interest paid DAILY
Go To SiteGo
DeFi
5%
Compare
tick$3,560,518,086 USD currently invested (TVL)
tickInvestments in 1 coin pair available
tickOperating on Tron protocol
UP TO
6.55%
APY
Interest paid DAILY
Go To SiteGo
DeFi
90%
Compare
90%
tick$74,574,500 USD currently invested (TVL)
tickPioneering innovative crypto yield products
tickDiverse non-traditional crypto investment products
12.5%
APY
Interest paid DAILY
Go To SiteGo
DeFi
Compare
tick$346,131 USD currently invested (TVL)
tickInvestments in 15 coin pairs available
tickSupports 5 protocols including Arbitrum, Binance Smart Chain and Avalanche C-Chain
6.07%
APY
Interest paid DAILY
Go To SiteGo
DeFi
Compare
tick$184,772,064 USD currently invested (TVL)
tickInvestments in 19 coin pairs available
tickOperating on Cronos protocol
10.9%
APY
Interest paid DAILY
Go To SiteGo
DeFi
Compare
tick$2,915,975 USD currently invested (TVL)
tickInvestments in 13 coin pairs available
tickOperating on Polygon protocol
16%
APY
Interest paid DAILY
Go To SiteGo
DeFi
Compare
tick$805,482 USD currently invested (TVL)
tickInvestments in 15 coin pairs available
tickSupports protocols including Binance Smart Chain and Aurora
UP TO
24.1%
APY
Interest paid DAILY
Go To SiteGo
DeFi
Compare
tick$283,328,870 USD currently invested (TVL)
tickInvestments in 93 coin pairs available
tickOperating on Optimism protocol
UP TO
117%
APY
Interest paid DAILY
Go To SiteGo
DeFi
Compare
tick$5,642,684 USD currently invested (TVL)
tickInvestments in 20 coin pairs available
tickOperating on Aurora protocol
18.4%
APY
Interest paid DAILY
Go To SiteGo
DeFi
Compare
tick$10,210,272 USD currently invested (TVL)
UP TO
7.61%
APY
Interest paid DAILY
Go To SiteGo
DeFi
Compare
tick$35,116,905 USD currently invested (TVL)
tickInvestments in 19 coin pairs available
tickOperating on Avalanche C-Chain protocol
UP TO
17.6%
APY
Interest paid DAILY
Go To SiteGo
DeFi
Compare
tick$327,134 USD currently invested (TVL)
tickInvestments in 1 coin pair available
tickOperating on Ethereum protocol
UP TO
1.62%
APY
Interest paid DAILY
Go To SiteGo
DeFi
Compare
tick$13,247,040 USD currently invested (TVL)
tickInvestments in 52 coin pairs available
tickSupports 4 protocols including Arbitrum, Ethereum and Polygon
UP TO
39.3%
APY
Interest paid DAILY
Go To SiteGo
DeFi
Compare
tick$49,408,887 USD currently invested (TVL)
UP TO
10.5%
APY
Interest paid DAILY
Go To SiteGo
DeFi
Singapore
Compare
tick$23,568,932 USD currently invested (TVL)
tickInvestments in 95 coin pairs available
tickSupports 9 protocols including Binance Smart Chain, Polygon and Avalanche C-Chain
UP TO
169%
APY
Interest paid DAILY
Go To SiteGo
DeFi
Compare
tick$42,294,640 USD currently invested (TVL)
tickInvestments in 4 coin pairs available
tickSupports protocols including Arbitrum, Ethereum and Binance Smart Chain
UP TO
22.1%
APY
Interest paid DAILY
Go To SiteGo
DeFi
Compare
tick$15,223,493 USD currently invested (TVL)
tickInvestments in 15 coin pairs available
tickOperating on Solana protocol
UP TO
137%
APY
Interest paid DAILY
Go To SiteGo
DeFi
Compare
tick$21,951,259 USD currently invested (TVL)
tickInvestments in 70 coin pairs available
tickOperating on Polygon protocol
UP TO
21.1%
APY
Interest paid DAILY
Go To SiteGo
DeFi
Compare
tick$5,306,037 USD currently invested (TVL)
UP TO
22.7%
APY
Interest paid DAILY
Go To SiteGo
DeFi
Compare
tick$26,349,874 USD currently invested (TVL)
UP TO
13.1%
APY
Interest paid DAILY
Go To SiteGo
DeFi
Compare
tick$63,977,861 USD currently invested (TVL)
tickInvestments in 26 coin pairs available
tickOperating on Ethereum protocol
6.76%
APY
Interest paid DAILY
Go To SiteGo
DeFi
Compare
tick$9,104,410 USD currently invested (TVL)
tickInvestments in 153 coin pairs available
tickOperating on Avalanche C-Chain protocol
UP TO
19.6%
APY
Interest paid DAILY
Go To SiteGo
DeFi
Compare
tick$36,453,238 USD currently invested (TVL)
tickInvestments in 20 coin pairs available
tickOperating on Avalanche C-Chain protocol
UP TO
6.54%
APY
Interest paid DAILY
Go To SiteGo
DeFi
Compare
tickBuilt on Polygon Network
tickFaster and Cheaper transactions
tick$5,483,714 USD currently invested (TVL)
UP TO
3.96%
APY
Interest paid DAILY
Go To SiteGo
DeFi
Compare
tick$3,655,266,336 USD currently invested (TVL)
tickInvestments in 97 coin pairs available
tickOperating on Ethereum protocol
UP TO
57.1%
APY
Interest paid DAILY
Go To SiteGo
DeFi
Compare
tick$20,205,885 USD currently invested (TVL)
tickInvestments in 41 coin pairs available
tickSupports protocols including Fantom Opera and Optimism
UP TO
57.2%
APY
Interest paid DAILY
Go To SiteGo
DeFi
Compare
tick$686,590,343 USD currently invested (TVL)
tickInvestments in 61 coin pairs available
tickOperating on Ethereum protocol
UP TO
155%
APY
Interest paid DAILY
Go To SiteGo
DeFi
Compare
tick$86,420,302 USD currently invested (TVL)
tickInvestments in 93 coin pairs available
tickSupports protocols including Fantom Opera and Optimism
7.57%
APY
Interest paid DAILY
Go To SiteGo
DeFi
Compare
tick$67,295 USD currently invested (TVL)
11.2%
APY
Interest paid DAILY
Go To SiteGo
Important Message Definda does not provide any financial advice. All information is provided for research purposes only. DeFi is a rapidly evolving industry. Most businesses in the sector are very young and it is possible that some of them could go out of business in the future. Such an event could result in the loss of your investment. You should do your own research or consult a financial advisor before investing any money. Please read and satisfy yourself with our terms before continuing to use our website. We offer a free impartial comparison service of savings, loans and other DeFi products. We may receive a small commission from some of the companies listed, but this never influences our rankings. If you spot any errors in the information listed then please contact us at info@definda.com.

What are Stablecoins?

Stablecoins are a type of cryptocurrency that is designed to track the value of a non-crypto asset, for example fiat currencies such as the US Dollar, or a physical asset such as gold.

Whilst many cryptocurrencies such as Bitcoin offer features that make them a compelling investment choice, they do remain quite volatile in price. Some investors may choose to move part of their investment into a stablecoin as a means of protecting their wealth if they think the crypto market is falling.

Others may deliberately hold part of their portfolio in stablecoins in order to generate passive income from the high savings yields available, or to enable them to quickly move funds between exchanges to take advantage of arbitrage opportunities (difference in prices) between the exchanges.

 

What Is a Stablecoin Staking?

Defi platforms offer stablecoin staking besides other crypto staking. You can send fiat currencies to the defi and centralized crypto platforms and earn interest by holding them in a saving account.

The Federal Reserve of the United States issued Dollars and followed an expansive fiscal policy during the pandemic. Inflation rates have new highs and prices are going up constantly in the United States. This is very new for Americans. Interest rates offered by traditional banks are not satisfying anymore in 2021.

Defi platforms offer very competitive rates for stablecoins staking with very flexible terms and conditions. There are advantages and disadvantages of Defi platforms compared to traditional banks.

How Do Stablecoins Hold Their Value?

There are three main ways that stablecoins keep their value constant against non-crypto assets (e.g. the US Dollar):

Centralised vs Decentralised Stablecoins

One of the biggest appeals of the cryptocurrency space is its decentralised nature. No central controlling entity makes many cryptocurrencies highly censorship resistant and immune to government interference in their value.

When it comes to stablecoins some of these decentralisation benefits can be lost because a centralised issuing entity exists that manages the collateral.

For example one of the most popular and oldest stablecoins, Tether (USDT) is issued by a company, Tether Ltd. As a business that is holding traditional collateral on behalf of investors, Tether Ltd is required to comply with all the various money laundering and KYC rules. Whilst governments would argue that these rules are designed to protest investors, it does mean that Tether Ltd could freeze your funds if required to do so.

The crypto community recognises the centralisation problem that comes with some stablecoins and has established a number of innovative decentralised alternatives. MakerDAO is a Decentralised Autonomous Organisation (DAO) and as such there is no central entity. MakerDAO issues its own stablecoin, DAI, on the Etheruem blockchain. The value of the coin is automatically stabilised by smart contracts on the Ethereum blockchain meaning that no single entity is in control.

Why Are Stablecoin Yields so High?

Savings interest rates for stablecoins are amongst the highest available across all cryptocurrencies. The reason that platforms offer such high rates for stablecoins is that they have high demand for loans denominated in these currencies, particularly from institutional investors that are looking to borrow stablecoins in order to increase their leverage on speculative cryptocurrency trades.

What are the Advantages of a Stablecoin Staking?

Stablecoins have a much higher APR compared to fiat currencies. Crypto platforms offer interest rates up to 12% APR for stablecoin staking. Traditional banks offer very low APR. Enjoying the high yield available through stablecoin staking is a great way of fighting inflation.

The best thing about stablecoins is they have a stable price. The price of a stablecoin doesn’t fluctuate as the other cryptocurrencies make sharp moves. You can always withdraw stable coins to your bank account or send someone. There are many apps allowing you to send stablecoins. There are crypto debit and credit cards where you can spend stablecoins.

But of course, low risk brings a smaller yield. Make good research before deciding how you will use your savings. Make good research about the stablecoins issuer company.

What are the risks of Stablecoins?

Stablecoins are issued by private companies. They are not regulated and not federally protected. You should be aware of that before you invest in stablecoins. Especially centralized platforms can suddenly interfere with your and block your funds. They can require you to do identity verification and KYC. Go to our Platforms page and learn more about centralized and decentralized platforms before deciding to open a stable coin saving account.

Platform Comparisons

Article by Yunis
20 July 2021 (Updated 25 March 2023)

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