Odaily News Cryptocurrency exchange Woo X allows users to withdraw daily interest from its U.S. Treasury-backed yield vault. The RWA vault, built with the help of OpenTrade, previously operated on a 7-day or 28-day basis. The upgrade allows users to earn interest on USDC stablecoins deposited in the vault and withdraw them daily without a fixed term. Woo X and OpenTrade said they are the first exchange to offer T-Bill interest products to retail customers. OpenTrade CEO Dave Sutter said this product provides users with greater flexibility and security, which is an advantage over traditional financial products. (CoinDesk)
Crypto exchange Woo X allows users to withdraw daily interest from its Treasury-backed yield vault
2024/07/22 15:38
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