Public Mint’s trusted mobile-first fintech platform utilizes leading global CeFi provider to its EARN program, bringing users crypto-level returns on fiat currency.
Public Mint, the first fiat-native public blockchain and frictionless money system, has begun using Celsius, the leading platform for lending and earning yield on cryptocurrency, adding to Public Mint’s diversified, high-yield returns program called EARN. The collaboration with Celsius further diversifies EARN’s offerings, which allows users to benefit from crypto-based returns — without holding any crypto.
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Public Mint EARN is the first mobile and web app of its kind, combining the best of decentralized finance (DeFi) and centralized finance (CeFi) providers for a one-stop shop for lucrative earnings opportunities. By joining forces with global CeFi leader Celsius, Public Mint users can get upwards of 8% Annual Percentage Yield* (APY) on their US Dollars, compared to the near-zero rates offered by traditional investment products.*
By wrapping the complex landscape of multiple partners and protocols into one simplified, diversified platform, Public Mint EARN allows users to tap into the high yields found in the crypto space with little to no previous crypto knowledge.
“We are honored to be working with Celsius to bring crypto yields to a wider audience,” said Jorge Pereira, co-founder and CTO of Public Mint. “We picked Celsius as a major partner for EARN because we’ve always believed Celsius is amongst the most reputable and successful crypto lending providers. This will only bolster our mission of bringing crypto-based high-yield earnings to the masses.”
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Celsius is a pioneer in the crypto lending space, and one of the first to truly push for democratizing this new financial system. Over the years, they’ve proven their resilience and built a solid reputation of fairness and openness — not to mention some of the best returns in the CeFi space. This partnership cements both companies’ shared vision for a more accessible and transparent economy — one that benefits everyone.
“We are excited to be partnering with Public Mint to advance the promise of financial freedom for everyone,” said Alex Mashinsky, CEO of Celsius. “The current financial system does not serve the consumers’ needs well, and rebuilding it through decentralized solutions opens up countless doors for people of all backgrounds to benefit.”
The EARN solution is built into the Public Mint mobile app, which is currently in open beta, and is available publicly on both Android and iOS. In the future, it will be possible to offer EARN functionality in other partner products.
For Public Mint users, EARN looks exactly like any other traditional fintech app, as it does not introduce industry-specific terms or require any new learning for the user. On the backend, Public Mint is fully blockchain-powered and uses the technology to offer seamless and instant payments, as well as lucrative yield opportunities.
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