Stable Unveils StableEarn, a USDT Yield Product with Institutional-Grade Returns

Stable, the USDT-dedicated layer-1 blockchain backed by Bitfinex and Franklin Templeton, has launched StableEarn, a yield product for holders of Tether's stablecoin (USDT). The product routes user deposits into real-world asset instruments to generate returns.

StableEarn is built on Morpho, an on-chain lending protocol. Gauntlet, a risk management firm, set the risk management parameters governing the product. User funds flow into vaults, automated smart-contract pools that deploy capital into yield strategies without relying on token emissions or incentives common in DeFi yield programs.

The underlying yield is sourced from RWA products developed by Theo, which include thUSD, thBILL, and thGOLD, tied to assets such as US Treasurys and gold. According to Iggy Ioppe, CIO of Theo, StableEarn delivers 'USDT-native, institutional-grade' returns generated by real-world markets.