🇮🇱 Middle East
Earning yield on business cash in Israel
1 of the providers we track offer this to businesses registered in Israel: 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 Israel: Airwallex, Mercury, PayPal, Ramp, Stripe, Wise Business.
Stablecoin rules in Israel: Crypto is regulated as a financial asset, and the Bank of Israel has published proposals for regulating stablecoins.
Stablecoins without a provider →Yield on idle cash in Israel: common questions
Which providers can a business in Israel use to earn yield on idle cash?
1 of the providers we track offer this to businesses registered in Israel: Bridge. With limits: BVNK.
Are stablecoins legal in Israel?
Rules in progress. Crypto is regulated as a financial asset, and the Bank of Israel has published proposals for regulating stablecoins.
More for businesses in Israel