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How to Use Bybit to Navigate Through Yen Depreciation and Low Interest Rates

Intermediate
Bybit 360
Crypto Insights
Jul 15, 2024
7 min read
0

In the current economic climate, with Japanese interest rates remaining low and the yen experiencing prolonged depreciation against the U.S. dollar, many investors are seeking more effective asset management strategies to combat inflation and currency weakness. In this article, we explore how utilizing Bybit’s USDT Savings plan can provide a solution, offering high yields and other benefits that can help shield investors from the impacts of yen depreciation.

Key Takeaways:

  • Bybit's USDT Savings plan provides investors with a robust solution to grow their portfolios against the backdrop of a weakening yen and persistently low interest rates.

  • Supported by Bybit Loan, the USDT Savings plan offers an annual percentage rate ranging between 6% and 8%, in stark contrast to the typical annual yield of less than 0.1% from Japanese bank deposits, highlighting the plan’s competitive advantage.

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