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Stablecoin USD Tether and USD Coin Visit the Earn Door Feature

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After officially launching Pintu Earn in December 2021, which is a feature that offers flexible hourly rewards for crypto assets, PT Pintu Kemana Saja or known by the brand name PINTU officially adds two crypto asset options to the Pintu Earn feature, namely USD Tether (USDT) and USDCoins (USDC).

As explained by PINTU Founder & CEO Jeth Soetoyo revealed, these two USDT & USDC stablecoins can be utilized for investors who are just trying to invest in crypto assets. Yes! It is suitable for beginners who want to invest in crypto assets but still have doubts.

“The Earn Doors feature can be a gateway to start investing in crypto assets. Where it is enough to buy USDT & USDC and keep it in the Earn Doors, investors will get interest paid every hour. USDT & USDC are stablecoin crypto assets that are designed to have a value that refers to the US dollar currency,” said Jeth.

Quoted from the Pintu Academy page, Tether or USDT, is one of the pioneers of stablecoins that was launched in 2014. The value of USDT is comparable to the value of the US dollar because for every USDT released it will be guaranteed with the same amount of US dollar reserves.

While USDC launched in 2018 is a stablecoin co-managed by cryptocurrency companies Circle and Coinbase. The guaranteed value of USDC is 1:1 to the US dollar and is the second largest stablecoin by market cap.

“Amid the recent fluctuations in crypto market prices, investors who already own or buy USDT & USDC, while monitoring and waiting for market movements can still earn interest by ‘parking’ their assets at the Earn Doors,” added Jeth.

Pintu Earn itself is the newest feature of the PINTU application. Through this feature, PINTU users can earn interest up to 4% APY (Annual Percentage Yield) which is paid every hour simply by storing crypto assets in the Earn wallet.

In addition to providing interest, Pintu Earn provides flexibility for users, where PINTU users can withdraw balances from the Earn wallet for trading needs at any time when needed. There is no additional charge for top up and balance withdrawal from Earn Doors.

“The crypto assets supported by Door Earn include Bitcoin, Ethereum, Binance Coin (BNB), Dogecoin, USDT, and finally USDC. In addition to adding crypto assets, in 2022 we will add other features according to the investment needs of the community, one of which we will present Staking Doors,” concluded Jeth.

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