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Dedicated crypto lending platforms offer up to 14% interest on USDC deposits.
Esketit is currently the only P2P lending platform that pays the highest interest of 14% on USDC.
Earning yield on USDC is not risk-free. By depositing your USDC on any crypto lending platform, you are exposing yourself to the risk that the platform defaults and your USDC will be lost. Researching the platform's management and business model is recommended before depositing your USDC.
The interest rate on USDC is directly related to the platform's ability to deploy your USDC and earn interest. The higher the interest rate, the higher the risk for crypto holders.