Stablecoins are a lifesaver if you want to keep your crypto safe from crazy price swings but still make some passive income. They’re tied to real-world currencies, so they stay steady while giving you all the perks of crypto—fast transactions and easy access to exchanges.
A lot of people park their funds in stablecoins when the market’s down, waiting for the right time to jump back in. But instead of letting that money just sit there, why not earn some interest on it? There are plenty of platforms that will pay you just for holding stablecoins, and depending on where you go, the interest rates can be surprisingly good. Let’s break down some of the best places to earn interest on stablecoins right now.
| Where to earn interest | Features | Score | Sign Up |
|---|---|---|---|
Best crypto exchange for staking  | ☑️ Fixed and flexible staking to earn interest on stablecoins ☑️ Dual asset and liquidity mining options available for experienced investors | 9.9 | Sign Up |
Biggest range of coins  | ☑️ Invest safely at the largest crypto exchange in the world ☑️ Buy stablecoins for only 0.1% fee, and begin staking | 9.7 | Sign Up |
Easy to use app  | ☑️ Buy stablecoins on your phone and earn interest straight away ☑️ Lock your stablecoins for 1 month or 3 months and receive higher APY | 9.5 | Sign Up |
Best places to earn interest on stablecoins:
#1. Bybit - Best for Earning Interest Easily
If you want a simple way to buy stablecoins and start earning interest without the hassle of moving them around, Bybit is a solid option. They support USDT, USDC, TUSD, and DAI, and you can choose between flexible and fixed-term staking. It’s a super convenient option since you don’t have to transfer your stablecoins to another platform just to start earning.
- USDT: 10.54% APR (but only on the first 500 USDT, then it drops to 5.54%).
- USDC: 9.56% APY (up to 500 USDC, then it’s 4.56%).
- TUSD: 3.14% APR (only flexible staking available).
- DAI: 6.67% APR on the first 1,000 DAI, then 2.67% for anything over that.
Bybit also has some higher-risk, higher-reward options like liquidity mining and dual asset mining. These can get you insane returns—sometimes over 200% APR—but they come with extra risk, so only dive in if you know what you're doing. If you’re just looking for stable, low-effort returns, sticking with flexible or fixed staking is your best bet.
Why You’ll Like It:
- Easy to buy and stake stablecoins in one place.
- Flexible and fixed-term options.
- Advanced mining options for bigger returns.
What’s Not So Great:
- Interest rates drop significantly after the first $500 for flexible staking.
#2. Binance - Best for Variety
Binance has several stablecoins, such as USDT, USDC, TUSD and DAI. The highest interest rates for stablecoins on Binance is USDC, with 10.29% APR for 30 day locked, or 9.86% APR for flexible staking options.
Binance is the biggest crypto exchange out there, so it’s a no-brainer if you want reliability and a ton of staking options. Plus, their trading fees are super low (only 0.1%), and they support multiple stablecoins like USDT, USDC, TUSD, and DAI.
- USDC offers the best rate: 10.29% APR for 30-day locked staking, or 9.86% APR for flexible staking.
- You’re not limited to just stablecoins—Binance lets you stake over 350 different cryptocurrencies.
One big downside? It’s not available in the US. If you’re in the States, you might want to check out Crypto.com instead.
Why You’ll Like It:
Tons of staking options, not just for stablecoins.
Low fees (0.1%).
Largest crypto exchange by trading volume.
What’s Not So Great:
Not available in the US.
No locked staking for stablecoins.
#3. Stargate - Best DeFi Option
If you’re into DeFi, Stargate is worth a look. It’s a liquidity transit protocol where you can stake stablecoins and earn rewards in STG, the platform’s native token.
- Supports BUSD, USDT, DAI, and USDC.
- Interest rates can go up to 6.81% APY.
Stargate is great for more experienced users who are comfortable with decentralized finance, but if you’re new to DeFi, it might feel a bit complicated. The main appeal here is that Stargate has low fees and integrates with multiple blockchain networks, making it a solid choice for those who want to stake stablecoins in a decentralized way.
Why You’ll Like It:
Decent interest rates.
Low fees for most transactions.
Works across multiple blockchains.
What’s Not So Great:
Not very beginner-friendly.
#4. Balancer - Best for Customization
Balancer runs on Ethereum and works differently from typical staking platforms. Instead of just staking, you add funds to liquidity pools, which can hold up to eight assets. You don’t need all eight—just one works fine. This means you can create a more diversified portfolio while still earning solid returns.
- APY can range from 5% to 30%, but the average is around 13%.
- Supports BUSD, USDT, and USDC.
- Fees vary a lot (0.0001% to 10%), depending on the pool.
The cool thing about Balancer is that it uses a Smart Order Router to optimize fees and returns. You don’t have to manually calculate the best opportunities—it does the work for you. That said, because it’s a DeFi platform, it might be a little intimidating for beginners.
Why You’ll Like It:
High potential returns.
Flexible investment options.
Smart Order Router optimizes returns.
What’s Not So Great:
Fees can be unpredictable.
If you want the easiest setup, Bybit is a solid pick. Binance is great if you like variety and want to stake a bunch of different assets. If you’re into DeFi, Stargate and Balancer offer some unique opportunities.
No matter which platform you choose, earning interest on stablecoins is a no-brainer if you’re waiting for the next big crypto move. Instead of letting your funds just sit there, put them to work and rack up some passive income while you wait for the right time to make your next trade. Might as well make your money work for you in the meantime, right?
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