Case Study: Buenbit earns 7% APR for users with OpenTrade

Buenbit offers 7% APR to 4M+ users with OpenTrade

Buenbit, a leading Latin American crypto exchange, faced the challenge of meeting user demand for low-risk, reliable yield on USD stablecoins like USDC and USDT. Sole reliance on DeFi options presented risk management and operational difficulties, while working directly with traditional financial institutions introduced complex onboarding and high costs. To solve this, they partnered with vendor OpenTrade and its USDC Yield product.

OpenTrade implemented an institutional-grade platform that generates real-world asset-backed returns, integrates natively into Buenbit's systems, and provides full transparency. This solution allowed Buenbit to offer its over 800,000 users a simple way to earn up to 7% APR. OpenTrade enabled Buenbit to efficiently manage its treasury and launch new, secure yield products without changing its existing wallets or needing to off-ramp stablecoins.

Buenbit