How does BlockFi's savings account work with GUSD?

3 answers

• TreverNov 12, 2022 · 3 years ago
  BlockFi's savings account allows users to earn interest on their GUSD holdings. When you deposit GUSD into your BlockFi savings account, BlockFi lends out the funds to institutional and corporate borrowers. In return, you earn interest on your GUSD holdings. The interest rates are competitive and are paid out monthly. It's a great way to put your GUSD to work and earn passive income.
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• thorrfinnnFeb 02, 2025 · 7 months ago
  BlockFi's savings account is a secure and convenient way to earn interest on your GUSD. The interest rates are higher than traditional savings accounts, and you can withdraw your funds at any time. It's a great option for those who want to earn passive income on their GUSD holdings without the need for active trading.
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• Abhay KandelApr 23, 2024 · a year ago
  With BYDFi's savings account, you can earn interest on your GUSD holdings. BYDFi offers competitive interest rates and flexible withdrawal options. It's a reliable platform for earning passive income on your GUSD.
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