> ## Documentation Index
> Fetch the complete documentation index at: https://docs.anchorage.com/llms.txt
> Use this file to discover all available pages before exploring further.

# USD interest

> Earn interest on USD holdings and retrieve monthly interest payouts via API.

Anchorage Digital offers the ability to earn interest on USD holdings held on the platform. Interest payouts land in your USD wallet as transactions, so you can retrieve and reconcile them programmatically like any other deposit. For eligibility, enrollment, and tax reporting, see [USD interest](/knowledge-base/platform/users/usd-interest) in the user guides.

## Interest accrual and payouts

| Component         | Description                                                                      |
| :---------------- | :------------------------------------------------------------------------------- |
| Daily accrual     | Interest accrues daily based on your account's wallet balances.                  |
| Monthly payout    | Accrued interest is distributed by the 10th calendar day of the following month. |
| Transaction label | Interest appears as "Interest deposit" in your activity feed and statements.     |

## Retrieve interest payouts via API

To filter monthly fiat interest payouts, call [List transactions](/knowledge-base/api-reference/v2/transactions/list-transactions) with the `types` parameter set to `FIAT_INTEREST`:

```bash theme={null}
curl --request GET \
  --url 'https://api.anchorage-staging.com/v2/transactions?types=FIAT_INTEREST' \
  --header 'Api-Access-Key: {API key}' \
  --header 'accept: application/json'
```

Reading transactions requires the `Read vault activity` permission.

<Note>
  "Interest deposit" is the display label in the activity feed and statements—in the API, interest payouts carry the transaction type `FIAT_INTEREST`.
</Note>


## Related topics

- [USD interest](/knowledge-base/platform/users/usd-interest.md)
- [USD banking](/knowledge-base/platform/users/usd-banking.md)
- [USD deposits](/knowledge-base/platform/users/usd-deposits.md)
- [Deposit](/knowledge-base/platform/developers/move-money/deposit.md)
- [Exploring account structures](/knowledge-base/platform/developers/account-structure-explorer.md)