Another domestic alternative is to use local USD money market funds. The challenge is that these are usually wholesale funds that require you to register as a sophisticated investor and have big initial minimum size.

The one I use is AHAM USD liqudity fund. Its still a wholesale fund, but min ticket is USD5k only. YTD (30 May) return is 2% in USD.

This post has been edited by Cubalagi: Jun 1 2023, 08:22 AM