Blockchain enthusiasm has continued to soar this year, with traders and miners vying for wealth in various ways. Exclusive insider information revealed that Crypto and Onchain will partner with Circle to launch an unprecedented savings dividend program: deposit USDC on Onchain for a chance to receive ETH dividends.
Shockingly, the total dividend is expected to reach 1 million ETH! This massive figure has the entire market holding its breath.
Behind this ambitious plan lies the exchange platform’s strategic plan to continuously release funds and attract traders and miners. Sources reveal that the program has quietly launched, but no official progress has been announced.
Advantages and Trends of Stablecoins
The program’s choice of the USDC stablecoin as a savings target highlights its importance in the blockchain ecosystem:
Value Stability
USDC, pegged 1:1 to the US dollar, significantly reduces the risk of digital asset price fluctuations.
For traders, this allows them to participate in high-yield projects while avoiding the volatility of the cryptocurrency market.
High Liquidity
Stablecoins can be easily exchanged for mainstream digital currencies or fiat currencies on exchanges, offering convenient and flexible operations.
In dividend programs, users can easily convert their earnings into ETH or other crypto assets.
Compliance and Transparency
Issued by institutions like Circle and backed by regularly audited asset reserves, this strengthens user trust.
For large trading platforms and miners, using stablecoins can reduce operational risks and compliance pressures.
Future Trends
With the development of DeFi and blockchain finance, the application cases of stablecoins will further expand to include savings, lending, payments, and cross-border transactions.
The use of stablecoins for dividends and rewards by large platforms may also become a new trend in attracting users and miners.
This means that participating in such savings and dividend programs not only has the potential to generate high returns but also aligns with the development trends of stablecoins and DeFi. For traders and miners, seizing such opportunities while carefully managing risks is a key strategy for navigating the blockchain