HOW COINBASE ALLOWS YOU TO EARN CONTINUOUS YIELD ON USDC

Summary from the TLDR Crypto newsletter

This Twitter thread breaks down how USDC on Coinbase's Advanced Trade retains its ability to earn rewards, even when limit orders are placed with the funds. Funds rest on the order book and are only filled once the set limit – possibly lower than the current market price – is reached. Even though these funds are inaccessible during that time, users continue to earn rewards, provided they are eligible for USDC incentives. Importantly, this only happens with USDC and not USD on the platform. This novel feature is not yet available on any other crypto platform or traditional finance products.