‘Stable and secure stablecoin investment?’ Recently, many friends investing in stablecoins through on-chain DeFi protocols have suffered heavy losses. Over the past few days, I’ve been using the U Card from Bitget Wallet @BitgetWallet for daily expenses in Kuala Lumpur. While scrolling through Bitget Wallet’s homepage, I noticed that Bitget Wallet is also offering stablecoin investment options!!! ———————————————— Bitget Wallet has launched Stablecoin Investment Plus, in collaboration with the well-established DeFi protocol AAVE @aave! Key points: · Earn 10% APY on deposits up to 10,000 USDC! · Bitget Wallet has introduced a $300 million security fund. If any platform-related issues lead to losses in stablecoin investments, Bitget Wallet will compensate first! · It’s like a balance fund—your money can be withdrawn anytime. · No need to convert USDC into other types of stablecoins; deposits and withdrawals are all in USDC. · For deposits exceeding 10,000 USDC, the APY is 3.83%. ———————————————— ⭐️ For investment wallets, it’s recommended to use exchange-based MPC wallets! ｜When using private key & mnemonic phrase wallets, there’s a high risk of private key & mnemonic phrase leaks during backup or wallet transfers. Especially since many people like to directly copy their private key & mnemonic phrase on their phone or save screenshots of them. With an MPC wallet, there’s no need to save private keys or mnemonic phrases, making it much safer!