logo

Earn 9% APY yield on USDC with yUSDC

Automatic, flexible, on-chain rewards delivered daily to your wallet.

Available In

Earning interest on your crypto is now easier than ever!
yUSDC and other yield generating tokens issued by Ultra Stellar abstract the process of lending money to CeFi and DeFi platforms. By working with multiple trusted services, we are able to access higher APY rates available on the market and reduce fees. Your yUSDC tokens are in your crypto wallet and in your custody, so you can sell, send or redeem them anytime.
big percent
flexible
Flexible
No long term commitments. Holders of yUSDC receive interest daily. Jump in or out by converting yUSDC to USDC anytime. Redeem through Ultra Stellar anchor or use Stellar DEX.
liquid
Liquid
You get yUSDC when you lend your USDC to us. Since yUSDC are issued on Stellar, they are fully liquid, so you can use them as you need — hold and earn, trade or send them.
backed
100% Backed
Every yUSDC is backed 1:1 by deposited USDC. The issuance of yUSDC happens on-chain when new USDC are deposited. Redeemed yUSDC are burned. It is recorded on the Stellar network and can be verified.
transparent
Transparent
The interest is distributed on-chain, so anyone can verify our current and historical APY rates and ensure all token holders are rewarded fairly according to their yUSDC balance.
ecosystem
Ecosystem Integration
Convert USDC to yUSDC directly on this website or in any supported Stellar wallet. We use open standards enabling interaction between anchors and wallets (SEP-24 and SEP-6).
nofees
Low Fees
Don’t worry about high network fees that are associated with many DeFi services. Our advertised APY rates are real and there are no deposit fees. As for withdrawals, we only charge the network fee to deliver tokens to your off-chain address.
Earning interest on your crypto is now easier than ever!
yUSDC and other yield generating tokens issued by Ultra Stellar abstract the process of lending money to CeFi and DeFi platforms. By working with multiple trusted services, we are able to access higher APY rates available on the market and reduce fees. Your yUSDC tokens are in your crypto wallet and in your custody, so you can sell, send or redeem them anytime.
big percent
flexible
Flexible
No long term commitments. Holders of yUSDC receive interest daily. Jump in or out by converting yUSDC to USDC anytime. Redeem through Ultra Stellar anchor or use Stellar DEX.
liquid
Liquid
You get yUSDC when you lend your USDC to us. Since yUSDC are issued on Stellar, they are fully liquid, so you can use them as you need - hold and earn, trade or send them.
backed
100% Backed
Every yUSDC is backed 1:1 by deposited USDC. The issuance of yUSDC happens on-chain when new USDC are deposited. Redeemed yUSDC are burned. It is recorded on the Stellar network and can be verified.
transparent
Transparent
The interest is distributed on-chain, so anyone can verify our current and historical APY rates and ensure all token holders are rewarded fairly according to their yUSDC balance.
ecosystem
Ecosystem Integration
You can do a 1:1 conversion between USDC and yUSDC. Convert directly on this website or in any supported Stellar wallet. We use open standards enabling interaction between anchors and wallets (SEP-24 and SEP-6).
nofees
Low Fees
Don’t worry about high network fees that are associated with many DeFi services. Our advertised APY rates are real and there are no deposit fees. As for withdrawals, we only charge the network fee to deliver tokens to your off-chain address.
Help Center r/Stellar Reddit Twitter
APY rates

APY rates are flexible, and can change depending on the market conditions. You can see current rates for yUSDC on this website, but we also publish APY rates on blockchain, so you can further verify on explorer. We always aim to provide better APY rates and thus can switch between different trusted service providers to ensure best yields.

Interest amounts are distributed daily according to your yUSDC balances at the time of snapshot. If you transfer yUSDC to a different address, this new address will start receiving rewards instead of your account.
big percent
Getting started with yUSDC

You’ll need a Stellar wallet to store yUSDC and receive daily rewards. Any Stellar wallet would work as long as it allows you to add trustlines. We recommend LOBSTR for mobile devices, StellarX for desktop. It’s always a good idea to use a hardware wallet such as Ledger or Trezor, especially if you plan to store significant amounts.

Most centralized exchanges (e.g. Coinbase or Binance) do not allow you to add Stellar tokens yet, so you should get a non-custodial wallet such as LOBSTR. Use the button below to add a trustline to yUSDC or search for yUSDC or ultrastellar.com in the asset list.
big free percent
Converting between yUSDC and USDC

Ultra Stellar provides anchoring service that enables 1:1 conversion between yUSDC and USDC. Follow the instructions on this website, the whole process only takes a few minutes.

Several Stellar products (LOBSTR, StellarX, StellarTerm) support interaction with anchors, so look out for Deposit and Withdraw buttons next to yUSDC asset. This way you can make the conversion without leaving your wallet.
Alternatively, you can trade yUSDC on SDEX as any other asset. Keep in mind that the price of yUSDC on the Stellar DEX is a market price, which may not always be equal to 1 USDC.
big stellar
Get interest payouts
Once you have yUSDC in your wallet, you are all set. Within 24 hours you will get an interest reward, and you’ll be receiving those daily. Interest payout APY rate is stated in the transaction memo, so you can always check the current APY rates.
Received yUSDC interest can be converted into USDC or other tokens. If your yUSDC position is changed, your next interest payouts will be adjusted accordingly.
big cross
Commonly asked questions.
How often is interest paid?
The interest is paid daily. The amount is based on the current APY rates and the number of yUSDC in your account at the time. The interest is compounding, meaning that earned yUSDC will also generate additional yield.
How is the revenue generated?
Ultra Stellar acts as an asset manager and works with multiple trusted CeFi/DeFi protocols to generate yield on the funds in custody. A thorough due diligence process takes place before a decision is made to utilise a specific platform. This is an ongoing process, and Ultra Stellar will continue to monitor platforms providing high APY. However, we only work with companies/protocols with over $1B of AUM and having a clear history of at least a year of production operations.
Further on, we will continue to investigate other options for revenue generation, including providing loans. Any changes to the model of revenue generation will be communicated in advance on our social media channels and on the website.
What are the risks?
Cryptocurrency assets are subject to high market risks and volatility. Please refer to this page explaining the risks of holding yield generating tokens issued by Ultra Stellar such as yUSDC.
Can I get better APY rates with yUSDC than other CeFi/DeFi providers?
Sure, we partner with multiple providers, and are always evaluating the market conditions.
Even though Ultra Stellar takes a small fee for management of the funds, there's a chance that yUSDC will provide better returns and higher effective APY than using the same CeFi/DeFi provider directly. The additional savings are possible because we can often reduce fees (network, deposit, withdraw) when operating with larger amounts.
Is there a way to increase payouts?
Not yet. Stay tuned for further updates! hint: $AQUA
How can I do a 1:1 conversion between yUSDC and USDC in my Stellar wallet?
Please follow this link to find guides for every supported Stellar wallet.
Have further questions or need support?
Please email us at [email protected] and we will be in touch with you shortly.
Start earning 9% interest on your USDC today!
Convert your USDC to yUSDC and receive daily interest in your Stellar wallet.
Start earning 9% interest on your USDC today!
Convert your USDC to yUSDC and receive daily interest in your Stellar wallet.

Explore more interest earning assets

Add these y-anchors in your Stellar wallet and start earning.

yXLM
Convert XLM to yXLM to start earning 5% APY.
yBTC
Convert BTC to yBTC to start earning 5% APY.
yETH
Convert ETH to yETH to start earning 5% APY.