How to Stake Stablecoins in 2022

CoinMarketCap

How to Stake Stablecoins in 2022

On today’s CoinMarketCap episode, we explain all the ways to stake stablecoins on different platforms and avoid potential risks. With the world economy taking a turn for the worse in recent months, many cryptocurrency holders are beginning to take a risk-averse approach to their investments — favoring secure, low-risk returns over wild speculation. One of the simplest ways to accomplish this is by staking stablecoins to earn a yield. This helps to minimize volatility while in some cases allowing investors to earn inflation-beating interest rates without taking on undue risk. A large number of platforms, including both decentralized and centralized options, now offer relatively attractive returns on stablecoin deposits. Unfortunately, due to the immense competition in the stablecoin staking space, there is no clear one-size fits all platform for investors. Instead, it is best to have a broader grasp of the landscape as it stands to find the platform that best fits your desired risk profile and other requirements. Though there remains at least some risk with using any platform that promises to grow your investment, we’ve found some that have stood the test of time. That said, it is important to do your own due diligence before investing with any platform since they can vary considerably in the mechanism by which they deliver their returns. Moreover, absolute security is never guaranteed. And are you using any of these platform to earn a yield? Let us know in the comments down below! 11:53 – Stablecoins Staking: Risks and Considerations 🔔 From crypto news, to market moves, and to educational how to videos. If you want something more than just hype and to actually learn about crypto, make sure to hit the subscribe button right now and turn on notifications to not miss out on new videos! 🔵 Coin Market Cap is the world’s most-referenced price-tracking website for cryptoassets in the rapidly growing cryptocurrency space. Its mission is to make crypto accessible all around the world through data and content. 📲 Download our app! IOS : H Android : S 🤝 Join CoinMarketCap! S Follow CoinMarketCap on social! p p p p p 📩 Subscribe to our Newsletter! /