🇲🇾 Asia-Pacific
Earning yield on business cash in Malaysia
Only with limits: Bridge, 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 Malaysia: Airwallex, Mercury, PayPal, Ramp, Stripe, Wise Business.
Stablecoin rules in Malaysia: Crypto exchanges are regulated by the Securities Commission. Crypto is not legal tender for payments.
Stablecoins without a provider →Yield on idle cash in Malaysia: common questions
Which providers can a business in Malaysia use to earn yield on idle cash?
Only with limits: Bridge, BVNK.
Are stablecoins legal in Malaysia?
Rules in progress. Crypto exchanges are regulated by the Securities Commission. Crypto is not legal tender for payments.
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