Intellabridge Technology Corporation announced a collaboration with Prime Trust, a leading financial infrastructure provider, that will enable Intellabridge customers to on-ramp from US Dollars into decentralized finance (DeFi) and earn a 10% stable interest rate on their Kash savings accounts. In recent years, savers have had few reasonable options to store their wealth, and with the consumer price index surging to 7.0% in December from a year ago, the rate in nearly 40 years and the average savings account in the United States in October 2021 at 0.06%, according to Bankrate's survey of institutions, the result is a loss of purchasing power and deterioration of overall wealth for the American consumer.
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