PANews reported on December 6 that according to official data, the average annualized yield (APY) of OKX's USDT and USDC current account earning products reached 27.72% and 20.43% respectively this week, which is higher than similar products in the industry. This reflects that the activity of users who need to borrow coins on the platform is continuing to rise.
According to the official introduction, OKX's current account simple earning product helps depositors earn stable interest on borrowed coins by matching their assets with users who need to borrow coins. Currently, OKX's current account simple earning product supports 24-hour deposit and withdrawal, hourly interest calculation, strong flexibility, and is fully escorted by the OKX risk control system to ensure the safety of user assets. It aims to provide users with convenient asset management solutions and lower the threshold for participation.
