Backpack Exchange Upgrade USD Deposit Yield, Annualized to 5.56%

BlockBeats reported that on May 12, according to the official news, after Backpack launched the US dollar deposit and withdrawal service, the yield of the US dollar stable currency was upgraded again. On top of the original lending yield, the yield of the US treasury bond bond was 4%, reaching 5.56%. This plan seamlessly connects traditional finance and encrypted finance, aiming to provide users with a one-stop passive income solution. Users only need to deposit and activate 'automatic lending' to participate.