Trust Wallet Unveils ‘Stablecoin Earn’ Feature to Revolutionize Crypto Earnings

Trust Wallet, the premier self-custody Web3 wallet trusted by over 200 million users globally, has officially launched its groundbreaking Stablecoin Earn feature, designed to simplify and enhance crypto earning opportunities.

Announced today, this feature allows users to deposit stablecoins such as USDC, USDT, DAI, and USDP across multiple blockchains—including Ethereum, BNB Chain, Arbitrum, and Base—and earn passive rewards with full flexibility and control.

Stablecoin Earn integrates secure, automated on-chain strategies, eliminating the complexity of traditional DeFi setups. Users can deposit and withdraw their assets at any time without lock-up periods, access a variety of DeFi protocols through a single interface, and benefit from transparent, non-custodial yield strategies.

Additionally, users can earn bonus rewards in MORPHO tokens by participating in select vaults, thanks to Trust Wallet’s partnership with Morpho, a leading DeFi infrastructure provider.

The feature is further powered by Kiln, a digital asset rewards management platform, ensuring seamless and secure access to on-chain opportunities.

Eowyn Chen, CEO of Trust Wallet, emphasized the feature’s significance: “Last September, we observed that billions in USDT held by Trust Wallet users on-chain remained inactive for six months despite 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.”

Chen added, “By integrating secure on-chain strategy platforms through a user-friendly interface, we aim to empower users to easily earn rewards while maintaining full control of their funds.”

The launch leverages Trust Wallet’s collaboration with Kiln and Morpho to deliver a seamless earning experience. Paul Frambot, CEO of Morpho Labs, stated, “We’re excited to see Morpho selected as the default earn option in Trust Wallet’s new Earn Hub at launch, helping make DeFi yields accessible to the masses.

Morpho was designed to provide self-custody solutions like Trust Wallet with a simple yet highly secure way for their users to earn the best risk-adjusted returns.”

Laszlo Szabo, Co-founder and CEO of Kiln, highlighted the partnership’s long history: “We are pleased to bring access to stablecoin yield to Trust Wallet, a longtime partner of Kiln with a history that includes our earlier projects such as Kiln Onchain, Connect, and Validators. As DeFi becomes more widespread and stablecoin yield reaches double digits during the bull market, many users have recognized that stablecoins offer notable advantages.”

Stablecoin Earn ensures users retain 100% control over their assets, with all transactions occurring on-chain for full transparency. However, Trust Wallet noted that this feature will not be available in the UK or U.S. until further notice, and this communication is intended solely for audiences outside the United Kingdom.

To start earning with Stablecoin Earn, users are encouraged to download Trust Wallet and explore the new feature. Stay tuned to On-Chain Media for the latest updates on this transformative step in the DeFi ecosystem!