Business
Finder’s new crypto product a warning to banks on deposits – The Australian Financial Review
Finder will offer users a 4 per cent return for pledging Aussie dollars to create ‘stablecoins’, which Finder will then borrow…
Nevertheless, it expects to attract customers seeking more attractive yields than the close-to-zero rates being offered by banks. Low returns on savings are the result of extraordinary monetary policy from central banks, one of drivers of demand for cryptocurrencies…
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