Trust Wallet, the popular self-custody Web3 wallet with over 200 million users, has introduced a new feature called ‘Stablecoin Earn’, aimed at helping users generate passive income from their stablecoin holdings.
The feature allows users to deposit stablecoins like USDC, USDT, DAI, and USDA into automated, on-chain earning strategies — all while maintaining complete ownership and control of their assets.
Key Highlights:
Flexible Earnings: Users can earn yield without needing to trade actively or time the market.
No Lock-Up Periods: Deposits and withdrawals are permitted at any time, giving users full flexibility.
Multi-Chain Access: Stablecoin Earn supports Ethereum, BNB Chain, Arbitrum, and Base.
Non-Custodial Setup: Users retain control of their assets throughout, in line with Trust Wallet’s self-custody model.
Bonus Rewards: Some vaults offer extra incentives such as MORPHO tokens to increase returns.
Eowyn Chen, CEO of Trust Wallet, explained the motivation behind the feature: “Last September, we observed that billions in USDT held by Trust Wallet users on-chain remained inactive for six months despite somewhat bullish market conditions. For our ‘holder-ish’ users, our goal is to help them put their assets to work, while also activating valuable liquidity to support on-chain projects.”
By integrating yield opportunities directly into the Trust Wallet interface, the platform aims to simplify decentralized finance (DeFi) for everyday users. Stablecoin Earn is designed to offer secure, transparent, and user-friendly ways for individuals to grow their holdings without the steep learning curve usually associated with DeFi.
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