This past Wednesday, Coin Market Cap announced a new feature they released, which publishes interest rates provided by different stablecoins and cryptocurrencies.
According to Carylyne Chan, the chief strategy officer of CoinMarketCap, from concept to delivery took almost 1.5 months of development.
According to CoinHub, the page is known as “Interest by CoinMarketCap”, and is listing 33 virtual tokens and stablecoins. The page covers information from major lending platforms like Celsius Network, BlockFi, Binance, and many others. Users can now gain access to annualized interest rates. Also, they can see deposit terms like minimum duration before getting any returns, and other information associated with these platforms.
This article is not intended to be financial advice. As always, do your due diligence before investing, and never invest more than you can afford to lose.