How does Tether's lending program work for its own coins?

3 answers

• Dec 24, 2021 · 3 years ago
  Tether's lending program allows users to lend their Tether coins in exchange for interest. When you lend your Tether coins, they are used by Tether to provide liquidity to the market. In return, you receive interest on the lent coins. This program benefits Tether by allowing them to maintain a stable supply of coins in circulation, while users can earn passive income through lending.
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• Dec 24, 2021 · 3 years ago
  Tether's lending program is a way for Tether to manage its supply of coins and provide liquidity to the market. When you lend your Tether coins, they are used by Tether to facilitate trading and maintain stability in the market. In return, you earn interest on the lent coins. It's a win-win situation for both Tether and its users, as it helps to ensure the stability of the Tether ecosystem.
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• Dec 24, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, offers a lending program for Tether coins. Users can lend their Tether coins on BYDFi's platform and earn interest on their holdings. The lending program is designed to provide liquidity to the market and incentivize users to hold Tether coins. BYDFi ensures the security of the lending program and offers competitive interest rates to attract users. It's a great way for Tether holders to earn passive income while contributing to the stability of the Tether ecosystem.
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