Trust Wallet Launches ‘Stablecoin Earn’: Maximize Passive Earnings from Stablecoins in a Secure and Flexible Way
Users can now earn passively from stablecoins right within the Trust Wallet app, with full control of their assets and no need to lock up funds.
Trust Wallet, the leading self-custody Web3 wallet trusted by over 200 million users globally, has launched Stablecoin Earn – a new feature that allows users to easily deposit stablecoins and start earning passive returns with just a few simple steps. The feature combines secure on-chain strategies with an intuitive interface, opening the door to DeFi for both newbies and seasoned users.
Unlike platforms that require locking assets or complex operations, Stablecoin Earn offers complete flexibility in earning without losing ownership of assets. Users can deposit popular stablecoins like USDC, USDT, DAI, and USDA on blockchains like Ethereum, BNB Chain, Base, and Arbitrum to start earning rewards immediately.
“We’ve seen billions of dollars of USDT sitting in Trust Wallet for months, even as the market recovers. Our goal is to help users unlock the value of these assets by putting them to work, while maintaining full control and self-custody.” – Eowyn Chen, CEO of Trust Wallet.
Stablecoin Earn Key Features:
- No locked funds: Users can deposit or withdraw at any time.
- Passive rewards: No active trading, no constant monitoring.
- Multi-DeFi protocol integration: Access multiple yield platforms directly in one app.
- On-chain transparency: All transactions are recorded on the blockchain, no intermediaries.
- Additional rewards: Opportunity to earn reward tokens like MORPHO when participating in selected vaults.
Partnership with Kiln and Morpho
To ensure a smooth and reliable user experience, Trust Wallet integrates Kiln – a digital rewards management platform – to provide the infrastructure for Stablecoin Earn. Kiln helps automate yield-earning strategies, eliminate technical barriers, and help users optimize rewards efficiently.
Additionally, users can also access special opportunities from Morpho, a leading lending protocol operating on Ethereum and Base. Morpho not only offers competitive yields but also distributes unique token incentives for Trust Wallet users.
“Morpho is designed to make it easy and safe for users to access DeFi yields. Being selected by Trust Wallet as the default protocol for the new feature is a major step towards making onchain yields more mainstream.” – Paul Frambot, CEO of Morpho Labs.
Ready to Use
Users can start experiencing Stablecoin Earn by downloading or updating the Trust Wallet app on their mobile devices. The feature is currently available in most regions around the world, with the exception of some countries such as the UK and the US due to local regulations.
About Trust Wallet:
Trust Wallet is a decentralized, self-custody Web3 wallet that allows users to fully own and manage their digital assets. With secure storage, trading, staking, and dApp access – Trust Wallet is a one-stop gateway for users to enter the Web3 world.
About Kiln:
Kiln is the leading platform for staking and rewards of digital assets, supporting over $11 billion in assets and operating over 50,000 validators on Ethereum. Kiln provides a dedicated API for businesses to integrate efficient earning services.
About Morpho:
Morpho is the second largest decentralized lending protocol on Ethereum, providing flexible infrastructure for DeFi applications. With hundreds of millions of USD in deposits, Morpho is the optimal choice for those looking for non-custodial DeFi yields.