Why do interest rates/APR on various Altcoins vary?

timewo

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Jul 30, 2022
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I have noticed that the interest rates on various altcoins vary to a very great extent. The interest rate on Dogecoin is only 0.18% while the interest rate(APR) for USDT is more than 10% on some exchanges. What is the reason for the difference in interest rates?
 
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