Tether-focused chain Stable launches USDT institutional yield product
The Block
The Bitfinex-backed blockchain project Stable has introduced StableEarn, an institutional-grade yield product for USDT holders leveraging real-world assets.Summary
Stable, a Layer 1 blockchain project focused on Tether's USDT, has launched StableEarn. This new product allows USDT holders to earn yields through institutional-grade real-world asset (RWA) products, such as those tied to gold and Treasurys, provided by the firm Theo. Unlike traditional DeFi programs that often rely on volatile token emissions, StableEarn utilizes a vault structure built on Morpho with risk management curated by Gauntlet, focusing on returns generated by real-world market performance.
(Source：The Block)