The SEC tries to Prevent Coinbase from Offering you Interest on your Stablecoins, This is how You Can Earn Interest Anyways

The SEC threatens to sue Coinbase because they planned to launch a lending system, giving you 4% interest per year on your stablecoin.

The SEC can prevent an american company from doing this, but not you.

How to do what the SEC does not want you to do using Stellars (XLM) blockchain:

Step 1:

Use any Wallet which utilizes Stellars built in DEX (kinda like Coinbase but decentralized), as example LOBSTR or StellarX

Step 2:

Go to the Assets tab and search for yUSDC.

Step 3:

Convert your XLM (which you could buy on Coinbase) to yUSDC

Step 4:

You now hold the USDC stablecoin and even earn more than double the interest Coinbase would offer (9% interest per year)

This is also available for Bitcoin, Ethereum and XLM, so you earn interest on top of holding these Cryptos.

This is all endorsed by the Stellar team and offered by Ultrastellar, 100% backed by USDC.