Can’t deny that the competition in the stablecoin space during this bear market has brought quite a few perks and opportunities. Recently, there’s another option for earning yield on stablecoins. OKX’s promo with RLUSD, a compliant stablecoin by @Ripple, has already been approved by the New York Department of Financial Services (NYDFS) and the Dubai Financial Services Authority (DFSA), so safety shouldn’t be an issue. Although the 10% APY is only for the first 2000 USDT, you can still get 4.1% APY just by doing a bit of trading to reach OKX VIP1 status. It’s a decent option for those looking to diversify their funds and manage risk as part of their portfolio. Plus, you can use it as margin for trading. I’ve always kept some funds on OKX for trading OKB, and now I can earn yield without interrupting my trades. Not bad at all.