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23 Jul, 10:12
RLUSD stablecoin yield product recommendation
Bullish-0.01%
AI Summary
The author recommends OKX's RLUSD stablecoin yield product offering 10% APY for up to 2000 USDT with a 28-day duration.
#OKX newly launched #RLUSD stablecoin wealth management product offers up to 10% APY, which is quite attractive! 🧐
You can select it directly within the "Stablecoin Interest Treasure" section in the OKX APP. Rewards are distributed to your account every 7 days. Moreover, there are no prerequisites; simply holding the asset in your account is sufficient, making it very convenient.
Please note that there is a quota limit of 2000 USDT per account. For amounts exceeding 2000 USDT, the APY is 3.5%. If you are a VIP member, the excess portion earns 4.1% APY, which is still quite good!
The deadline is: August 20, with a duration of 28 days!
Regarding security, as shown in 👇 Figure 2, there is basically no need to worry. With Ripple's background, fully compliant licensing, a compliance system on par with Circle, and custody and clearing handled by BNY Mellon!