Skip to main content

MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
Post a Comment

Earn by Holding USDCoin in V2 of the BlockBank Application

BlockBank will be enabling its users to earn interest on the stablecoin USD Coin (USDC), with rates up to 60x the US national average of a traditional savings account.

Best of all, your USDC is guaranteed by BlockBank, giving you complete certainty whilst you earn interest. With the BlockBank application V2 update arriving in Q3 this year, you will be able to view your live portfolio and receive monthly payouts, all with no deposit and withdrawal fees or limits.

Generating a passive income by obtaining the best interest rate is on everyone’s mind nowadays. In fact over the years, interest rates in traditional banking have decreased close to zero, making it hard for you to earn a passive income on your assets. The US national average for a traditional savings account hovers around 0.07% per year, with high-yield savings accounts at around 1%, still nothing to rave about.

BlockBank’s high-yield alternative to traditional savings accounts offers competitive APY on your USDC, a stablecoin that can always be redeemed one-to-one for USD. This means, by lending your USDC to BlockBank, you can earn between 60x more than the traditional savings accounts and 4x more of high-yield savings accounts.

Recently investors have seen the rise of crypto interest accounts that offer attractive rates on customers’ assets. While the high interest rates are appealing, they can present varying levels of risk. When you read the full terms and conditions, you may find that your assets are loaned to unidentified third parties and subject to their credit risk, which could result in a total loss of your crypto holdings.

BlockBank wants to offer its customers the opportunity to earn more interest than the traditional banks, while also providing peace of mind and a safe, secure way to earn. That’s why BlockBank is proud to offer a principal guarantee for the USDC in your BlockBank account.

“The integration with USDC’s ecosystem will allow our users to achieve high yield APYs in a risk free & insured platform.

This shows that we are here to stay and compete with top providers out there in the market.”

– Darren Franceschini, Chief of Operations – BlockBank

Once V2 of the BlockBank application is available, it will be as simple as USDC to the pool and you will automatically start earning APY on the USDC in your account.

Safely and securely earning on your USDC is just the beginning — BlockBank will continue to build more rewarding ways for you to earn interest on your crypto savings. Visit the Interest section of your BlockBank Portfolio to see all of the different ways you can earn interest by holding cryptocurrencies and stable coins.

About USDC

As an open standard and public smart contract, USDC has rapidly grown the largest stablecoin industry ecosystem in the world. Hundreds of companies, products, and services support the USDC standard, including digital wallets, exchanges, DeFi protocols, savings, lending, and payment services. USDC is creating value for the entire blockchain ecosystem.
Twitter —https://twitter.com/circlepay
 Facebook —https://www.facebook.com/circle
 Discord —https://discord.com/invite/Q7bKN5y
 LinkedIn —https://www.linkedin.com/company/circle-internet-financial/
 Blog — https://www.circle.com/blog

About BlockBank

BlockBank is a one-stop solution that combines the power of decentralized and centralized technology in a simple and secure Mobile & Web application. BlockBank’s vision is to create an all-in-one crypto application that simplifies the user experience without compromising security, privacy, or decentralization. BlockBank aims to combine the best of DeFi and CeFi worlds in one application, incorporating patented Robo Advisor technology to bring financial empowerment to clients.

Telegram — https://t.me/BlockBankApp
 Twitter — www.twitter.com/BlockBankapp
 Facebook — https://www.facebook.com/blockbank
 Instagram — https://www.instagram.com/blockbankapp/
 LinkedIn —https://www.linkedin.com/company/blockbankapp
 Blog — https://blog.blockbank.ai/

This is a sponsored post. Learn how to reach our audience here. Read disclaimer below.

Labels:

Comments

Post a Comment

Popular posts from this blog

Earn up to 50% APY by Staking $GLQ on GraphLinq App

PRESS RELEASE. The newest utility token to offer staking to its users/holders is GraphLinq Protocol’s $GLQ. As of this article, $GLQ has 4,500+ holders according to etherscan, excluding GLQ holders on CEX like Kucoin, MXC, Gate. This is a great step for the future of the project as it will further incentivize more users to hold. Explore more about GraphLinq, its staking mechanism & steps to stake. What Is GraphLinq? GraphLinq – The No Code protocol for automating actions on-chain & off-chain, launched in just March 2021, has come a long way bringing users in the crypto space a never seen model of integrating blockchain automation on any blockchain-related/non-related task. The goal of the GraphLinq protocol is to allow users to interact blockchains with any connected system as effortlessly as possible without any prior knowledge of coding. GraphLinq ecosystem currently consists of an engine, an integrated development environment ( IDE ) & an app to provide automated...
Post a Comment
Read more

Coinsquare launches Quick Trade mobile app with instant funding

One of Canada's largest crypto exchanges has launched a new mobile application designed to streamline the buying and selling of Bitcoin and Ethereum. Coinsquare , the Toronto-based digital currency platform, has announced a new mobile trading application designed to simplify the buying and selling of cryptocurrencies in Canada.  Quick Trade was officially unveiled Monday, allowing commission-free transactions of Bitcoin ( BTC ), Ethereum ( ETH ), Litecoin ( LTC ) and Bitcoin Cash ( BTC ). A total of 15 trading pairs are available at launch, with “many more digital assets to be onboarded over the coming months,” the company said. The app is available on Android and Apple devices alongside Coinsquare’s existing mobile application, which is an extension of its web-based trading platform. In addition to commission-free trades, the new app allows for instant account funding via Interac e-Transfer – a considerable upgrade from Coinsquare’s current funding window, which can take up t...
Post a Comment
Read more

Blockchain identity market to grow $3.58B by 2025, report claims

A new forecast for the global blockchain identity management market expects growth at a compound annual growth rate of almost 71% during 2021-25. A new report on the potential for blockchain identity management solutions to become integrated across sectors has forecast strong growth for its global market, at a compound annual rate of close to 71%. The report grounds its predictions on a study broken down into segments: by sector – e.g., government, healthcare, banking, financial services and insurance (BFSI) – geography, and applications. It was published by the Lyon-headquartered market research solution provider ReportLinker.  Drawing on an analysis of several existing blockchain identity management market vendors – Accenture, Amazon, Bitfury Group, Civic Technologies, and others – the report expects the total global market to grow by $3.58 billion between 2021 and 2025. Related:  The future of DeFi is spread across multiple blockchains The study’s baseline assumption...
Post a Comment
Read more