Stablehouse changes rate structure for investors
Stablehouse, the Bermudian-based digital-assets investment platform, has announced changes to its rate structure for new and existing investors.
The company said the new rates reflect the best risk-adjusted returns aligned with Stablehouse’s rigorous risk management and conservative investment mandate.
Stablehouse said investors will earn 8 per cent interest on their first $100,000 invested across three stablecoins (USDC, USDT, BUSD) — up to a $300,000 maximum.
The company said the rate change offers a significant improvement over the 12 per cent which was capped at their first $25,000 invested in stablecoins.
The platform will also increase its base rate on additional deposits from 4 per cent to 5 per cent.
The new rates will go live on August 25.
“Today’s generation of investors are digitally savvy and inquisitive, fuelled by the innovation and diversity that investing in crypto affords,” said Michael Chauliac, president of Stablehouse.
“As crypto enthusiasts, our leadership’s affinity for injecting greater stability and managed risk into the ecosystem has propelled this shift. Stablehouse’s new rate structure furthers our commitment to advancing education in the sector and making crypto everyday finance.”
Founded by the XBTO Group, Stablehouse is headquartered in Bermuda and is licensed to conduct digital-asset business by the Bermuda Monetary Authority under the Digital Asset Business Act 2018.