The Top High Yield Cryptocurrency Savings Accounts For Stablecoins, With The Best Signup Bonuses [April/ May 2022]

Stablecoins are an invaluable holding in any cryptocurrency portfolio — it buffers the inherent volatility of cryptocurrencies, maintaining a stable value that is pegged to a fiat currency, most commonly the USD. Tether (USDT) is the most popular stablecoin in circulation, although many others notably USDC and UST are fast catching up in popularity. Stablecoins have a myriad range of utilities, from acting as an intermediary in cryptocurrency trades and to being a stable vehicle for transfer of value, to a long-term holding for investors who seek high returns with capital preservation at the same time. For those of us with a moderately conservative appetite, who enjoy the occasional thrills of riding the ups and downs of the cryptocurrency market but yet cannot stomach huge losses, stablecoins present an attractive way of generating passive income from compounding interests, given the much higher returns of a high yield cryptocurrency savings account compared to the paltry rates of fixed deposits offered by a traditional banking institution. In this article, we will explore the top cryptocurrency service providers which offer the best rate to stash your stablecoins away safely, review their Trustpilot ratings, and compare the various sign-up bonuses and ongoing promotions so…