17:52 uur 21-08-2019

Celsius sluit partnerschap met Tether om USDT zijn hoogste renterende wallet met 10,53% JKP aan te bieden

Celsius biedt nu volledige integratie van Tether’s USDT, naast de bestaande stabiele munten USDC, TUSD, PAX en GUSD waardoor houders een passief inkomen op USD kunnen verdienen

LONDON-(BUSINESS WIRE)- Celsius Network (https://celsius.network/), het toonaangevende platform voor cryptografie, kondigt vandaag zijn partnerschap met Tether aan, een stabiele munt die zijn waarde aan de Amerikaanse dollar koppelt. De Celsius app ondersteunt nu de stabiele munt van USDT ERC20, waardoor USDT-houders beloningen kunnen verdienen en leningen kunnen aanvragen voor een veel minder volatiel activum dan andere cryptocurrencies.

Celsius-gebruikers kunnen nu een lening in USDT aanvragen, naast de bestaande stablecoins en fiat leningsopties die via Celsius beschikbaar zijn, tegen een tarief van slechts 4,95% APR.

Celsius Partners With Tether to Bring USDT its Highest Interest-earning Wallet at 10.53% APR

Celsius now offers full integration of Tether’s USDT, in addition to existing stable coins USDC, TUSD, PAX and GUSD allowing holders to earn passive income on USD

LONDON–(BUSINESS WIRE)– Celsius Network (https://celsius.network/), the industry-leading cryptocurrency platform, announces today its partnership with Tether, a stablecoin which pegs its value to the US dollar. The Celsius app now supports the USDT ERC20 stablecoin allowing USDT holders to earn rewards and request loans on a far less volatile asset than other cryptocurrencies.

Celsius users can now request a loan issued in USDT, in addition to the existing stablecoins and fiat loan options available through Celsius, at rates as low as 4.95% APR.

The company currently offers interest income of 8.1% APR on USDT deposits and 10.53% when paid in CEL tokens. At the same time, using stablecoins reduces capital costs, allowing Celsius to offer loans at a lower rate.

Celsius has achieved notable milestones in the past year to drive the decentralization of traditional financial structures:

  • Over $2.2 billion worth of coin loans originated since July 2018
  • Over $350 million AUM in customer deposits and collateral from loans under management
  • Over $3.5 million in interest payments distributed

“At Celsius, we’re working toward mass adoption of cryptocurrencies by paying 10X more than what banks pay on deposits and providing loans at rates unmatched by any bank or crypto lenders,” said Alex Mashinsky, CEO of Celsius Network. “Stablecoins, such as USDT, allow crypto holders to keep their funds in crypto, allowing for frictionless trades, while sidestepping the market’s lows and highs. We continue to Socialize profits while others only socialize losses.“

About Celsius Network

Celsius Network addresses the financial needs of today’s consumers worldwide through a democratized interest income and lending platform accessible via a mobile app. Built on the belief that financial services should only do what is in the best interests of the depositor community, Celsius is a modern platform where membership provides access to curated financial services that are not available through traditional financial institutions. Find out more at www.celsius.network.

Contacts

Company Media:

Danna Cahana

Blonde 2.0 for Celsius

danna@blonde20.com

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