BEAMSTART Logo

SALT Lending Launches LEND Program Offering Up to 10% Annual Returns on USD and Stablecoin Deposits

GlobeNewswire LogoGlobeNewswire20h ago

SALT Lending Launches LEND Program Offering Up to 10% Annual Returns on USD and Stablecoin Deposits - GlobeNewswire

Quick Summary:

Program offers unique option for Bitcoin interest payouts, empowering investors to exceed traditional savings returnDenver, CO, Nov.13, 2024 (GLOBE NEWSWIRE) -- SALT Lending, the original crypto-backed financial services provider, today announced the launch of its SALT LEND Program, tailored exclusively for accredited investors, individuals or businesses, looking to achieve higher returns on USD and stablecoin deposits (USDC, USDT).

"This program provides investors with reliable returns and the coming flexibility to earn even more by receiving their interest in Bitcoin, giving them a unique edge in today’s financial landscape.” How the SALT LEND Program Works Open to accredited U.S.and select international investors, the SALT LEND Program accepts deposits in USD and stablecoins (USDC, USDT), with an annual yield of 10%.

With annual returns of up to 10% and the coming option for interest payouts in Bitcoin, this program offers investors a secure, high-yield alternative to traditional savings accounts, empowering them to maximize their cash-equivalent assets while retaining control.  New Alternative to Outpace Inflation Traditional savings accounts struggle to keep pace with inflation, often leading to a gradual loss of value for investors.

or

Article Details

Author / Journalist: SALT

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 10:00:00 (20 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 806 words

Reading Time: 5 minutes read

Sentences: 32 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 23568789

View Article Analysis

About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 96 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 8 hours ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #116

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "SALT Lending Launches LEND Program Offering Up to 10% Annual Returns on USD and Stablecoin Deposits" has 806 words across 32 sentences, which will take approximately 4 - 7 minutes for the average person to read.

Which news outlet covered this story?

The story "SALT Lending Launches LEND Program Offering Up to 10% Annual Returns on USD and Stablecoin Deposits" was covered 20 hours ago by GlobeNewswire, a news publisher based in China.

How trustworthy is 'GlobeNewswire' news outlet?

GlobeNewswire is a fully independent (privately-owned) news outlet established in 1998 that covers mostly technology news.

The outlet is headquartered in China and publishes an average of 96 news stories per day.

It's most recent story was published 8 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #23568789
  • URL: https://beamstart.com/news/salt-lending-launches-lend-program-17314921039578

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2024 BEAMSTART. All Rights Reserved.