EURCUSDT
EURC / Tether USD
crypto Composite

I use USDC and EURC on Keeta

EURC on base is what you want. Good liquidity secure and regulated provider (Circle), cheap and professional chain...

I use USDC and EURC on Keeta

EURC on base is what you want. Good liquidity secure and regulated provider (Circle), cheap and professional chain...

EURC market cap up 15% in the last week. Just more signs of dollar flight. When are we going to start seeing more Defi yield sources for Euros like we see for dollars?

Kraken just implemented a major change to how interest is charged on unrealized losses.
The Change: The "interest-free buffer" for losing positions has been slashed from 30,000 USD to **0 USD**.
Why this matters (especially for **EUR / Stablecoin** holders): Kraken Futures settle in USD. If your trade is currently in the red (unrealized loss), Kraken considers that you "owe" them that USD value.
If you have USD in your wallet: **No problem**.
If you only have EUR, EURC, USDC, USDG (or other cryptos) as collateral: You are now technically **borrowing the USD** to cover that loss from the very first cent.
The Cost: Kraken is **charging 0.005% per hour** on that uncovered loss. That is roughly **43.8% APR**. This is absolut maddness.
Example: A 5,000 USD unrealized loss will cost you about **6.00 USD a day** in "rent" just to keep the trade open, even if you have plenty of EUR, USDC, etc. in the account. Throw on top of that the standard funding rate, trading fees and you'll be soon living under the bridge.
**Official Source**: Kraken Support: Fees & charges for multi-collateral Derivatives.

[https://support.kraken.com/hc/en-us/articles/4844392809620-fees-charges-for-multi-collateral-derivatives](https://support.kraken.com/hc/en-us/articles/4844392809620-fees-charges-for-multi-collateral-derivatives)

*Scroll to the 'Interest' section to confirm the new 0 USD threshold and 0.005% hourly rate*.
God speed to everyone using DEXs to buy or trade Eth!

# Kraken just quietly removed the 30k USD interest buffer for futures. EU / Global traders are now being charged 44% APR on EUR / USDC collateral.
Hey everyone, just a heads-up for anyone trading Multicollateral Futures especially in the EEA/EU but also for everyone else.
Kraken just implemented a major change to how interest is charged on unrealized losses.

**The Change:** The "interest-free buffer" for losing positions has been slashed from 30,000 USD to 0 USD.
**Why this matters (especially for EUR / Stablecoin holders):** Kraken Futures settle in USD. If your trade is currently in the red (unrealized loss), Kraken considers that you "owe" them that USD value.
* **If you have USD in your wallet:** No problem.
* **If you only have EUR, EURC, USDC, USDG (or other cryptos) as collateral:** You are now technically borrowing the USD to cover that loss from the very first cent.
**The Cost:** Kraken is charging **0.005% per hour** on that uncovered loss. That is roughly **43.8% APR.**
**Example:** A 5,000 USD unrealized loss will cost you about 6.00 USD a day in "rent" just to keep the trade open, even if you have plenty of EUR, USDC, etc. in the account.
**How to avoid it:** Make sure your **actual USD balance** (not USDC, not EUR, not crypto) is higher than your negative Unrealized PnL **inside your Futures wallet.** You can swap USDC/USDT/USDG to USD for a 0% fee inside the futures wallet to stop the bleed.
**Official Source:** [Kraken Support: Fees & charges for multi-collateral Derivatives](https://www.google.com/search?q=https://support.kraken.com/hc/en-us/articles/4844392809620-fees-charges-for-multi-collateral-derivatives) *(Scroll to the 'Interest' section to confirm the new 0 USD threshold and 0.005% hourly rate.)*
**Act NOW by swapping non-USD denominated collateral into USD fiat!**

Disclaimer: Not conducting a survey study.
I am interested to know what fellow Singaporeans would hold for Stablecoins to earn yield.
Currently, XSGD is not an option.
I hold both USDC & PYUSD mostly followed by EURC.
Trying out on EURCV & eUSD.
ZCHF return is slow probably good to keep as a form of security.
Angle USDA seems dead because Morpho pulled it out
Appreciate if someone could share experience on the subject. Thank you.