BlockFi Stablecoin Rates Are Increasing: What This Means For You

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

BlockFi continually sets rates based on market dynamics for lending and borrowing. Their goal is to both practice sound risk management policies and maximize earning opportunities for BlockFi Interest Account (BIA) clients. 

What does this mean for you?

BlockFi will make the following adjustments starting October 1, 2021 to all stablecoins including BUSD, DAI, GUSD, PAX, USDC, and USDT* held in the BlockFi Interest Account (BIA).

CURRENCY TIER RANGE NEW APY FORMER APY
Tier 1 Up to 40,000 8.25% 8%
Tier 2 >40,000 & above 7% 5%

Read our BlockFi Review.

** Please be aware that USDT is only available for non-US retail clients.

The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.

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