Coinbase Wallet announces the launch of the USDC rewards feature, allowing user funds to remain liquid

ChainCatcher news, Coinbase Wallet announced on X the launch of the USDC Rewards feature, where users can earn a 4.7% APY just by holding USDC in their on-chain wallet. This means that users' funds will remain liquid and available for use at any time; users should update the mobile app to the latest version and then navigate to their USDC balance to get started.

It is reported that this feature is available in most regions worldwide and will be rolled out to U.S. users this week. Rewards will be paid on Base during the first week of each month, directly deposited into users' wallets.