The Best DeFi Savings Accounts

Interest rates on bank deposits have hit a record low — but earning a higher average rate of interest than what your bank pays you doesn’t have to be that difficult.

In recent months, USD stablecoins such as Circle’s USDC, Tether’s USDT, Paxos’ PAX and Gemini’s GUSD have gotten popular, and many users have been putting their USD stablecoins to work in decentralised finance (DeFi) to earn a yield without giving…