🇦🇷 Latin America
Earning yield on business cash in Argentina
1 of the providers we track offer this to businesses registered in Argentina: Bridge. With limits: BVNK.
Platforms that issue their own stablecoin through Bridge receive the interest earned on its reserves, minus issuance fees. Bridge’s closed-loop USDB coin also earns rewards inside Bridge.
Moderate riskStablecoin reserve revenueBVNK Earn pays a return on idle stablecoin balances. BVNK does not clearly say how the return is generated; earlier versions of the product lent assets to prime brokers.
Source not disclosedSource not disclosedOffer this, but not to businesses in Argentina: Airwallex, Mercury, PayPal, Ramp, Stripe, Wise Business.
Stablecoin rules in Argentina: Stablecoins are widely used to protect savings from inflation. Crypto service providers must register with the securities regulator (CNV).
Stablecoins without a provider →Yield on idle cash in Argentina: common questions
Which providers can a business in Argentina use to earn yield on idle cash?
1 of the providers we track offer this to businesses registered in Argentina: Bridge. With limits: BVNK.
Are stablecoins legal in Argentina?
Rules in progress. Stablecoins are widely used to protect savings from inflation. Crypto service providers must register with the securities regulator (CNV).
More for businesses in Argentina