Blast announces that the annualized yield of ecological stablecoin USDB will increase to 15%

BlockBeats news, on March 12, Blast announced that Blast’s USDB yield has increased following the recent update of MakerDAO’s yield. Right now, USDB holders can enjoy 15% annualized yield plus Blast Points. Blast users can obtain USDB by bridging stablecoins (USDC, USDT, DAI) to Blast, or by exchanging ETH or other assets for USDB on the Blast Mainnet. It’s worth noting that this yield increase only applies to USDB. Meanwhile, Blast’s ETH/WETH yield remains at around 4% (plus Blast Points). BlockBeats Note: When a user bridges stablecoins like USDC, USDT, and DAI to Blast, it is deposited into an on-chain treasury protocol like MakerDAO, and the proceeds are passed back to Blast users via Blast’s automated underlying stablecoin, USDB.