Andre Cronje: Stable yields on USDC and USDT available without incentives

Andre Cronje: Stable yields on USDC and USDT available without incentives
Stablecoin yields without incentives detailed

Andre Cronje, chief technology officer at Sonic Labs (formerly known as Fantom), highlights available yields of 5.11% on USDC on Sonic and 5.27% on USDT on Ethereum.

According to Cronje, these rates are delivered without token incentives, subsidies, points, leverage, or an unstaking period, and offer instant redemptions and liquidity. He suggests that decentralized finance has not yet reached its peak and there remains substantial room for further exploration.

Cronje previously outlined onchain earnings with 7.49% yields on USDC and USDT, noting $1.3 million available for buybacks in a recent update. He also expressed optimism over total return swaps and praised recent updates to the PUT system in another post. These announcements come as onchain yield opportunities remain in focus.

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