Log In

Reset Password
BERMUDA | RSS PODCAST

Stablehouse changes rate structure for investors

Stablehouse: has announced changes to its rate structure for new and existing 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.

You must be Registered or to post comment or to vote.

Published August 22, 2022 at 7:43 am (Updated August 24, 2022 at 4:07 pm)

Stablehouse changes rate structure for investors

What you
Need to
Know
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon