Crypto lender BlockFi Adds Gemini Dollar Stablecoin Support

BlockFi Adds Gemini Dollar Stablecoin Support Crypto lender BlockFi is rolling out support for the gemini dollar (GUSD) stablecoin, claiming an expected initial annual percentage yield (APY) of 6.2 percent for non-U.S. customers. Founded in late 2017, BlockFi is a U.S.-based startup company that issues loans backed by various cryptocurrencies to its users. This practice allows users…