Bitcoin payments company Strike has introduced a new cash interest feature, according to a Techub News brief citing Crypto Briefing. Under the offering, users can earn 3.6% annual interest on cash balances held with the platform, with those interest payments distributed in Bitcoin rather than cash. The company said the feature is designed to encourage users to convert cash savings into Bitcoin assets. The update centers on a new savings-related product element from Strike and highlights the firm’s effort to tie cash holdings more directly to Bitcoin-based exposure. No additional rollout details were provided in the brief.
Bitcoin payments company Strike has launched a new cash interest feature, according to Techub News, which cited Crypto Briefing. Under the feature, users can earn 3.6% annual interest on cash they hold, and the interest will be paid in Bitcoin.
Strike said the feature is intended to encourage users to convert cash savings into Bitcoin assets.
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