Coinbase offers 6.5% APY on USDC for Coinbase One members

Coinbase is expanding its subscription service, Coinbase One, by offering a limited-time 6.5% APY on USDC balances up to $500,000. To qualify for this promotional rate for one month, members must deposit a minimum of $1,000 in new USDC.

This promotion sits above the standard rewards for Coinbase One members, who typically receive 4.5% APY on regular USDC balances. The company is also providing deeper yield opportunities through Base-integrated Morpho vaults, curated by Steakhouse Financial, which have recently offered yields around 7% and potentially reaching 10.8% in September 2025.

Additionally, Coinbase One members can access staking rewards of up to 15% and use the Coinbase One Card to receive 4% cashback on Bitcoin purchases linked to stablecoin liquidity.