🇲🇳 Asia-Pacific
Earning yield on business cash in Mongolia
1 of the providers we track offer this to businesses registered in Mongolia: Bridge. Not confirmed for Mongolia: 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 Mongolia: BVNK.
Offer this, but not to businesses in Mongolia: Airwallex, Mercury, PayPal, Ramp, Stripe, Wise Business.
Stablecoin rules in Mongolia: A 2021 law requires virtual asset service providers to register with the Financial Regulatory Commission.
Stablecoins without a provider →Yield on idle cash in Mongolia: common questions
Which providers can a business in Mongolia use to earn yield on idle cash?
1 of the providers we track offer this to businesses registered in Mongolia: Bridge. Not confirmed for Mongolia: BVNK.
Are stablecoins legal in Mongolia?
Rules in progress. A 2021 law requires virtual asset service providers to register with the Financial Regulatory Commission.
More for businesses in Mongolia