Fulcrum Launches Platform Offering Up to 14% APR on Crypto Deposits

Fulcrum Lending, a crypto-backed financial services provider, has launched its platform. The platform offers investors higher returns than traditional savings accounts and provides full insurance and regulation for their investments. With interest rates up to 14% on USDT and USDC deposits, Fulcrum aims to empower individuals to grow their savings faster than inflation with peace of mind. The platform’s success stems from its over-collateralized loan book that utilizes crypto assets as security for loans, ensuring a lower risk profile for investors compared to other strategies relying on volatile trading. It also offers borrowing power against crypto assets with up to $1 million in funding and no credit history requirement.