Celsius Network Offers up To 12% APR on USDC, TUSD, USDT and Other Stablecoins

LONDON–(BUSINESS WIRE)–Celsius Network, the industry-leading cryptocurrency platform, announces today it has increased interest rates for stablecoin deposits to 12.03% APR. Users who choose to earn interest in Celsius Network’s blockchain-based CEL token can earn up to 30% more than the 9.25% depositors who are paid in-kind on their coins. Celsius is raising its rates because it is consistently earning higher returns on its deposits and distributes 80% of its income to its depositors; as it earns more, it distributes more. Unlike other platforms, such as Binance that use 20% of its profits to buy back BNB, Celsius has put its depositors first and has consistently given more returns to more users than anyone else.

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By Blonde 2.0 – September 18th 2019

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