Rand’s Earn Account was created with a very clear goal: to help you maximise your savings in a simple and secure way. It’s Rand’s flagship product and works like a traditional savings account, but with major advantages: your money grows automatically every day, without you having to do anything other than deposit it.

There are no lock-ups or complicated requirements. Everything is designed to be transparent and easy to use — and to help your money earn more than it would in a conventional account.

But one of the questions we get the most is: “How can the Earn Account offer 6.50% APY?”

Here are the answers.

It’s a completely valid concern. At Rand, we take these questions seriously because we believe you should never put your money in a product you don’t fully understand.

Where does the 6.50% APY come from?

The 6.50% APY comes from investing funds into industry-leading stablecoin money markets through our network of partners.

These markets generate returns because borrowers pay interest to access liquidity. Rand connects your EURC deposits to these lending environments in a compliant way, allowing you to earn yields that are significantly higher than traditional European savings products.

Unlike a bank account or a regular bond:

• Interest is compounded daily
• Returns come from overcollateralized lending in stablecoins
• These environments are over-secured, which reduces risk for depositors

Stablecoin lending markets are designed to protect the lender (you) by requiring borrowers to lock up more collateral than they borrow.

Specifically:

• Borrowers must deposit more collateral than the amount they borrow
• Loans typically operate at 45% Loan-to-Value (LTV)
• Your savings are therefore backed by more than 100% of their value

In simple terms:

If someone wants to borrow €100, they might deposit €150 in collateral.

If something goes wrong, the collateral is liquidated to cover the loan.

This design is what enables stable, high yields like 6.50% APY.

Note: Stablecoin money markets are not a security or a bank deposit.

Why do we use EURC?

To access these money markets, funds must be converted into EURC, a regulated euro-denominated stablecoin pegged 1:1 to the euro.

• You always see your balance in EUR value
• We handle all EUR ⇄ EURC conversions automatically
• We cover all swap costs
• 1 EURC = €1

You don’t deal with crypto. You see euros. The system works in the background.

Can the 6.50% return go negative if the market crashes?

Rand has never had negative returns.

Here’s why:

• All lending markets we use are over-collateralized
• There is always more collateral than loans issued
• Your yield comes from lending interest, not crypto price speculation

Even if crypto markets fall, over-collateralization and automated liquidation systems are designed to keep lenders protected.

This keeps yields stable and predictable, even in volatile conditions.

In addition, Rand is registered with the Bank of Spain and complies with the most demanding regulatory standards.

In summary

Rand is able to offer 6.50% APY by connecting your savings to over-collateralized stablecoin lending markets, where borrowers must deposit more collateral than they borrow, creating a safer lending environment for depositors. EURC allows us to access these markets in a regulated, transparent, and compliant way while displaying everything to you in euros. We believe that stablecoin money markets will continue to evolve rapidly, and we’re excited to build the bridge that allows people to access and benefit from this new financial infrastructure.

Will you join us? Sign up for free here, download the app, and start saving big.

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^{Risk Disclaimer}

^{Like any investment, this product carries risks. Although we work with over-collateralized markets and mechanisms designed to protect depositors, there is always a possibility of partial capital loss due to unforeseen events. Only invest money that you are willing to put at risk.}

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