You can now earn up to 7.4% APY on your Gemini dollars (GUSD) with Gemini Earn. That’s more than 100 times the national U.S. average.1 Gemini Earn is available to all Gemini customers in the United States and Singapore, and is available for 32 of the cryptos we support.
Gemini Earn allows you to earn interest on your crypto held at Gemini. Interest is earned and compounded daily, and you can redeem your crypto, including GUSD, at any time. Currently, only U.S. customers can move GUSD into Earn. There are no minimum balances and no fees to transfer into or redeem from Gemini Earn. If you want to use Gemini Earn, and don’t yet have a Gemini account, you can sign up here.
GUSD is a 1:1 USD-backed stablecoin that can always be bought and sold for exactly $1 at Gemini. You can learn more about the Gemini dollar here.
Happy earning — Onward and Upward!
Team Gemini
1 Per the national average of .06% APY rates published in the FDIC's Weekly National Rates and Rate Cap as of May 17, 2021: https://www.fdic.gov/regulations/resources/rates/