6min chapter

Tearsheet Podcast: Exploring Financial Services Together cover image

Where Credit's Due Ep. 5: Crypto lending with Genesis and BlockFi

Tearsheet Podcast: Exploring Financial Services Together

CHAPTER

Crypto Lender

Stable coin yields on us d c or wher us d t or dollars have been, you know, over the last three years, they've been edo probably in the eight to 12 % range. But we get the question, alott ad, how do you guys afford to pay no depositors 8 to ten % annualized onther their their stable coin deposits, or on their cash? And most people cone immediately that to there's anothere's more risk in the system, and because i'm getting a higher return, i must be taking more risk, which it's not a bad framework to think about things. I'd say for crypto, it's less of that

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