Coinbase doubles USDC rewards to 4% amid SEC scrutiny on staking services

Coinbase said in a June 15 tweet that it now offers 4% rewards on USDC. Coinbase’s newly increased reward rate means that the company has approximately doubled its previously offered returns on USD Coin (USDC). As recently as June 9, the company’s website said that customers could only earn 2% on USDC purchased or held...

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