PANews reported on July 15 that according to CoinDesk, the cryptocurrency options exchange Deribit announced a new reward program for eligible USDC holders, aiming to provide users with more collateralPANews reported on July 15 that according to CoinDesk, the cryptocurrency options exchange Deribit announced a new reward program for eligible USDC holders, aiming to provide users with more collateral
Deribit Launches New Rewards Program for Eligible USDC Holders
1 min read
PANews reported on July 15 that according to CoinDesk, the cryptocurrency options exchange Deribit announced a new reward program for eligible USDC holders, aiming to provide users with more collateral options and improve the overall efficiency of the platform's capital utilization. Deribit uses Coinbase as the custodian of USDC, and Coinbase will pay rewards to users who hold USDC through it. As of July 2025, the yield is 4%, but Coinbase will adjust it regularly. Whether or not you can get a return depends on where the user is located, while institutional users consider the place of registration and principal place of business. Users need to deposit USDC directly with Deribit or an external custodian to earn returns, and hybrid storage only counts the portion stored by Deribit. The first batch of rewards will be issued in August 2025, calculated based on the daily minimum equity from July 15 to 31.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Polygon: Bulls defend $0.10 demand zone – Can POL rally 15%?
The $0.13 local supply zone and the short-term Bitcoin bearish momentum threaten POL bulls' potential this week.
Share
Coinstats2026/02/04 09:00
Headwind Helps Best Wallet Token
The post Headwind Helps Best Wallet Token appeared on BitcoinEthereumNews.com. Google has announced the launch of a new open-source protocol called Agent Payments Protocol (AP2) in partnership with Coinbase, the Ethereum Foundation, and 60 other organizations. This allows AI agents to make payments on behalf of users using various methods such as real-time bank transfers, credit and debit cards, and, most importantly, stablecoins. Let’s explore in detail what this could mean for the broader cryptocurrency markets, and also highlight a presale crypto (Best Wallet Token) that could explode as a result of this development. Google’s Push for Stablecoins Agent Payments Protocol (AP2) uses digital contracts known as ‘Intent Mandates’ and ‘Verifiable Credentials’ to ensure that AI agents undertake only those payments authorized by the user. Mandates, by the way, are cryptographically signed, tamper-proof digital contracts that act as verifiable proof of a user’s instruction. For example, let’s say you instruct an AI agent to never spend more than $200 in a single transaction. This instruction is written into an Intent Mandate, which serves as a digital contract. Now, whenever the AI agent tries to make a payment, it must present this mandate as proof of authorization, which will then be verified via the AP2 protocol. Alongside this, Google has also launched the A2A x402 extension to accelerate support for the Web3 ecosystem. This production-ready solution enables agent-based crypto payments and will help reshape the growth of cryptocurrency integration within the AP2 protocol. Google’s inclusion of stablecoins in AP2 is a massive vote of confidence in dollar-pegged cryptocurrencies and a huge step toward making them a mainstream payment option. This widens stablecoin usage beyond trading and speculation, positioning them at the center of the consumption economy. The recent enactment of the GENIUS Act in the U.S. gives stablecoins more structure and legal support. Imagine paying for things like data crawls, per-task…
Share
BitcoinEthereumNews2025/09/18 01:27
Vertical Aerospace Wins Proof-Of-Concept Grant To Advance Emergency Medical Services Capabilities For Singapore
Grant will support real-world EMS mission development for Valo in Singapore Collaboration with Hatch – Singapore’s HTX innovation centre, to trial and validate
Share
AI Journal2026/02/04 09:15