Coinbase has enabled 1.25% interest rewards for USDC holders, the service is not available to clients in New York State
Source: https://cointelegraph.com/news/coinbase-to-pay-us-users-interest-for-holding-usdc-stablecoin
Coinbase to Pay US Users Interest for Holding USDC Stablecoin
October 2, 2019
CoinTelegraph