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Earning yield on business cash in Botswana
1 of the providers we track offer this to businesses registered in Botswana: Bridge. Not confirmed for Botswana: 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 revenueMay work, not yet reviewed for Botswana: BVNK.
Offer this, but not to businesses in Botswana: Airwallex, Mercury, PayPal, Ramp, Stripe, Wise Business.
Stablecoin rules in Botswana: The Virtual Assets Act (2022) set up licensing for virtual asset service providers, supervised by the non-bank financial regulator.
Stablecoins without a provider →Yield on idle cash in Botswana: common questions
Which providers can a business in Botswana use to earn yield on idle cash?
1 of the providers we track offer this to businesses registered in Botswana: Bridge. Not confirmed for Botswana: BVNK.
Are stablecoins legal in Botswana?
Rules in progress. The Virtual Assets Act (2022) set up licensing for virtual asset service providers, supervised by the non-bank financial regulator.
More for businesses in Botswana