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Canborsa launches Savings Season 1 for stablecoin deposits
ECOSYSTEMMARKETS

Canborsa launches Savings Season 1 for stablecoin deposits

Canborsa has launched Savings Season 1 for USDT, USDC and USDCx deposits. The pool has a $300,000 capacity and a $25,000 limit per wallet, with daily payouts and a one-month boost taking the advertised rate to as much as 20% APR.

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Canborsa has opened Savings Season 1, adding a stablecoin deposit pool to its trading platform.

The pool accepts USDT, USDC and USDCx. Total deposits are capped at $300,000, with a maximum of $25,000 per wallet. The October 6 launch terms include daily payouts.

The advertised rate is up to 20% APR, made up of a 10% base rate and an extra 10% boost for one month. APR is an annualized figure, not a promise of a 20% return over that month. The promotional rate does not guarantee actual returns.

Depositors also receive 0.5 points for each dollar deposited per day, separate from the interest rate.

Withdrawal requests can be submitted at any time, although the launch post does not specify how long processing takes.

Canborsa operates across Canton and other networks, combining crypto and real-world asset trading.

The official launch post includes the pool link and advertised terms.

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