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Cryptocurrencies: 26307
Markets: 103788
Market Cap: $3,243,668,241,616     
24h Vol: $147,397,847,100
CoinDesk 2023-01-31 08:40:13

Stablecoins Seem Unattractive as the Gap Between 3pool's APY and Treasury Yields Widens

Stablecoins Seem Unattractive as the Gap Between 3pool's APY and Treasury Yields Widens
The annualized percentage yield from providing stablecoin liquidity on Curve's 3pool, also known as DeFi's savings bank account, is nearly 250 basis points less than the yield on the 10-year U.S. Treasury note.
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