MEXC Raises USDT Flexible Savings Rate to 20%, Adds Stablecoin and DeFi Yield Options
MEXC increased the annual interest rate for its USDT Flexible Savings product to as high as 20% for deposits between 0–300 USDT, up from 16%. Balances from 300–100,000 USDT now earn 10% annually, double the previous rate for that tier. Funds remain withdrawable on demand with no lock-up or withdrawal limits. The promotion targets stablecoin holders (USDT, USDC), and the platform also offers short-term fixed savings promotions for new users, including tokenized gold and silver (XAUT, SLVON) and yield opportunities on ETH, SOL and XRP. MEXC has expanded its product suite with lending (zero-interest loan promotion through end of February), Futures Earn for USDT/USDC balances, and zero-commission equity futures tied to US-listed companies. The moves aim to attract users seeking stable, on-demand yields and to differentiate MEXC amid growing competition for stablecoin deposits and crypto savings products. Disclaimer: not investment advice.
Bullish
Raising USDT flexible savings rates to 20% and improving yields on larger balances directly incentivizes stablecoin inflows to MEXC. Higher passive-yield products with instant liquidity tend to attract deposits from traders and yield-seeking holders, increasing platform USDT/USDC liquidity and potentially boosting short-term demand for on‑exchange stablecoin-related services. Complementary offerings — zero-interest loans, Futures Earn and zero-commission equity futures — broaden use cases and can increase trading and leverage activity. Historically, exchanges that run high-yield promotions see net inflows and higher on‑platform activity (which can support margin/futures volumes), a bullish signal for platform liquidity and fee-generating operations. However, risks include yield-driven capital flight when promotions end and the potential for arbitrage or rapid redeployment of stablecoins elsewhere, which tempers the long-term impact. Short-term: likely bullish for platform liquidity and trading volumes. Long-term: neutral-to-moderately bullish if rates are sustained and backed by healthy liquidity and risk controls; otherwise gains may be transient.