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Apr 16

Nobody cares about yield

Crypto is turning every app into a bank. Stablecoins, blockchains, and DeFi have made it possible for any consumer platform to accept customer deposits and earn yield on them for a fraction of the cost and effort of a bank. Whop recently launched Whop Treasury, powered by Aave, giving users up to 6% yield on funds held on platform. Offering T-bill interest rates isn't new - you can get ~3.5% yield on a dozen different personal finance apps or just by holding USDC in a wallet - what's new is t...

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