Stable, the USDT-dedicated L1 backed by Bitfinex, Hack VC and Franklin Templeton, launched StableEarn to give USDT holders onchain yield through Theo’s RWA products tied to Treasurys and gold. The vaults run on Morpho with Gauntlet curating risk parameters, routing deposits into thUSD, thBILL and thGOLD rather than token-incentive farms. It’s another push to turn stablecoin payment rails into treasury products, with the real test being transparency, liquidity and RWA risk once meaningful size shows up.

TLDR by @Benthic

More on Yield

Comments