How Trakx and OpenTrade Are Gaining Traction With a Product That Makes Earning 4.75% APY (Fully U.S. Treasury Bill Backed) Returns on Idle USDC Balances Incredibly Simple and Secure

The Trakx USDC Earn CTI powered by OpenTrade allows Trakx users to easily generate ~4.75% APY on their idle USDC balances, fully backed by U.S. Treasury Bills.

This is one of the first collaborations between two strong actors in the crypto ecosystem aiming to offer an institutional-grade crypto yield product, similar to those already available in traditional finance.

The USDC Earn CTI makes it incredibly simple for Trakx users to earn stable, predictable returns backed by U.S. Treasury Bills, without ever having to off-ramp USDC into a bank account.

The steps to follow are straightforward:

1. First, sign-in (for current users) or register onto the Trakx platform
2. Start trading the USDC Earn Index, which falls under the ‘Stake & Yield’ product category
3. Click on “Trade” on either the simple or advanced tab to enter the amount you wish to deposit
4. That’s it!

With a few clicks of a button, Trakx users can start earning great risk-adjusted returns on their USDc, while they rest assured that these returns are fully secured.

If you’re an existing Trakx user, or are interested in signing up, head over to trakx.io at support@trakx.io where you can join the others who are growing their USDc without the risk by using the USDc Earn CTI.