FinTech news in Pillow category

Pillow’s founders says it differentiates with its goal of becoming a holistic home for digital asset-driven financial services that allows even first time crypto users users to earn, save, spend and invest from the same platform. For Bitcoin, yields are generated by wrapping Bitcoin to Ethereum-compatible assets such as $WBTC and $renBTC and deploying wrapped assets as liquidity to DeFi protocols such as Uniswap, with an effective rate of 1.52%. In some countries where Pillow has partnered with local, compliant on-ramp service providers, users can also buy crypto with their local fiat currency. Pillow aspires to be an all-in-one platform that says it helps even newbie users save, spend and invest in crypto currency.