Crypto.com has unveiled Cash Earn, a new feature for U.S. users that offers up to 5% annual percentage yield (APY) on cash balances. This high-yield option, powered by Arc, Green Dot’s embedded finance platform, allows users to earn interest in Cronos (CRO) on FDIC-insured accounts. The program features no minimum balance requirements, no earnings caps, and no lock-up period. Cash Earn ensures the safety of user funds through a deposit sweep program managed by Green Dot Bank and its network of FDIC-insured institutions, providing coverage of up to $5 million. This initiative aims to attract more users by offering competitive interest rates on cash holdings.
Crypto.com Introduces Cash Earn with Up to 5% APY for U.S. Users
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