Coinbase, one of the leading cryptocurrency exchanges, has announced a reward program for USDC holders.

Currently, eligible platform users in the United States of America can earn 1.25% on a yearly basis as a bonus for holding the stablecoin (USDC) in their Coinbase account.

The value of the USDC currency is based on the US dollar and maintains its stability in a ratio of 1:1 to the US dollar and acts as a reference for traders to avoid the volatility of cryptocurrency prices.

And what was stated in the post Which carries a new platform “Coinbase” the following:

“Eligible customers will start earning rewards on any USDC they currently own on the Coinbase platform, with rewards distributed on a monthly basis.

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The percentage percentage of rewards is the same regardless of your balance.

The more USDC you have, the more rewards you will automatically earn, all without any additional costs or fees.

Coin rewards accumulate daily, and users will retain full control of their coins at all times.”

For your information, USDC has a value of around $1 if it has fluctuated between $0.99 and $1.02 since its inception.

The USDC stablecoin is among the popular stable cryptocurrencies along with Tether which works in the same way.

And on the mention of the Tether currency USDT recently and continuously recorded the highest trading volumes, whether on the daily or monthly level, and outperformed the Bitcoin currency.

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