You need to qualify as an "accredited investor" to earn 7% interest on stablecoins, but anyone can invest in IPO's like DIDI which Gary Gensler approved and is now down 85% from IPO price. Such a fair system.

The Celsius news blocking regular Americans investors is terrible, but not surprising you could sense they were tightening the screws because allowing common folk to earn 7% on stables vs the 0.3% they get in banks is soooo risky.

Common folk can however invest happily, all their savings into IPOs like Didi...

Which is down a whopping 84% from its IPO

The IPO which SEC's anti-poor hitman Gary Gensler approved...

You see, as long as you lose money, its all fun and games.

But when the average guys finds a way to make just a little more than what the government allows them to make, they have to be shut down using the entire force of the regulatoooors who want to protect you from earning more than what banks allow you.

The 7% rate offered by Celsius or Blockfi isnt even inflation beating, in the era of > 8% CPI. But you cant earn that unless you are accredited.