The YouTuber suggests investing in stablecoins like USDC for high-yield interest rates, noting that platforms like BlockFi offer up to 8.5% APY. He highlights that stablecoins are backed by assets to maintain their value to the US dollar, making them a low-risk option for earning interest on savings, significantly higher than traditional bank rates.
“stable coins like usdc are paying the highest rates Stablecoins are backed by assets like commercial paper and money market funds to hold their value to the us dollar in and you can see here in this price chart it stays almost exactly at that one dollar each”