🇵🇪 Latin America
Earning yield on business cash in Peru
1 of the providers we track offer this to businesses registered in Peru: 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 Peru: Airwallex, Mercury, PayPal, Ramp, Stripe, Wise Business.
Stablecoin rules in Peru: No dedicated regime. Crypto providers register for anti-money-laundering supervision.
Stablecoins without a provider →Yield on idle cash in Peru: common questions
Which providers can a business in Peru use to earn yield on idle cash?
1 of the providers we track offer this to businesses registered in Peru: Bridge. With limits: BVNK.
Are stablecoins legal in Peru?
Unclear. No dedicated regime. Crypto providers register for anti-money-laundering supervision.
More for businesses in Peru