I withdrew everything from Gemini Earn since I have no idea whether Genesis Trading, who borrows through Earn, would survive a significant loss of USDT peg.
USDC on Aave, Compound, or Curve all seem much safer.
Right but I'm only seeing pretty low interest on those platforms, which doesn't compensate for the risks of smartcontracts and going outside the usual financial system. Did you have a specific one you think is worth it?
For example, on Compound, USDC only pays 0.82%, or 1.3% if you count the COMP token rewards.
Also I don't think you can invest just in USDC on Curve, you have to do a pool that exposes you to some other currency, although I think DAI is solid and Curve has a cUSDC/cDAI pool:
...but rates have fallen already, I guess everyone is fleeing to stables and within stables everyone is fleeing to USDC. Current USDC rate is 1.46% (vs. 2% for USDT)
Right, that's where I went, and it didn't have the yields you represented, so I wasn't sure I found the right place.
Turns out I did find the right place, you just posted long-obsolete figures as fact without checking, in a thread where the actual values were the central point of discussion.
For example, on Compound, USDC only pays 0.82%, or 1.3% if you count the COMP token rewards.
Also I don't think you can invest just in USDC on Curve, you have to do a pool that exposes you to some other currency, although I think DAI is solid and Curve has a cUSDC/cDAI pool:
https://curve.fi/compound