Any risks with USDC "investments"? #personalfinance #investments #coinbase
Isn’t Coinbase USDC 5.1% and buy Ethereum which will easily double this year.
Is Coinbase USDC FDIC insured?
Nope and only a few banks do for investors. If you’re going to dab in crypto then just Bitcoin or Ethereum would be better over the long run. While USDC could go to zero I can’t see BC ever going to zero… Stablecoin USDC breaks dollar peg after firm reveals it has $3.3 billion in SVB exposure https://www.cnbc.com/2023/03/11/stablecoin-usdc-breaks-dollar-peg-after-firm-reveals-it-has-3point3-billion-in-svb-exposure.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
Neither. No-penalty CD 6%+ rate
Is this math problem?
4 week treasury bills are 5% interest with no state taxes
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You can check some investment activities of USDC and judge if it's worth only taking a 1% risk premium.