Coinbase Wallet users holding USDC can now earn a 4.7% annual percentage yield (APY). Arthur Hayes, a crypto figure, pointed out that USDE offers
a much higher 29% APY. Coinbase has introduced a new perk, but some argue that it is a conservative approach in comparison to what USDE offers.
Source
<p>The post Coinbase’s USDC 4.7% APY Sparks Arthur Hayes’ Satirical Remarks first appeared on CoinBuzzFeed.</p>