Voyager Adds Its First Stablecoins: Tether, USD Coin and True USD
As of today, Tether (USDT), USD Coin (USDC), and True USD (TUSD) are available on Voyager with interest coming Feb. 1.
Learn more: https://t.co/viRnnoadDu
— Voyager (@investvoyager) January 15, 2020
According to the announcement, trading for the three stablecoins is now live along with deposits and withdrawals.
“Adding these three new stablecoins to our platform gives our customers an alternative funding mechanism and another means to hedge their risk in the crypto market,” said Voyager co-founder and CEO Stephen Ehrlich. “Voyager customers will also be able to earn interest on these stablecoins, offering them another way to grow wealth in the crypto industry.”
USDT, USDC and TUSD held on the app will begin accruing interest on February 1, although the rates have yet to be disclosed yet.
Earlier this month, Voyager started paying 2% interest on Litecoin (LTC), Bitcoin Cash (BCH) and Ethereum (ETH). Voyager also offers 3% interest on Bitcoin (BTC) balances above 0.01 BTC and 5% on Voyager Token (VGX) balances above 2,000 VGX, with interest payments at the beginning of each month.
Investors can earn $25 in free BTC by signing up for the Voyager app through this link and trading $100 (or use code: SLUDGE25).
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.