Stable announced StableEarn, a new yield product that connects dollar-pegged cryptocurrency USDT to real-world assets. According to the statement made by the company, StableEarn allows users to invest their USDT balances to generate returns from products related to assets such as US Treasury bonds and gold.
Real asset connection with StableEarn
The structure of the new product is built on Morpho, a decentralized credit protocol. In addition, the risk management parameters on the platform were determined by Gauntlet, known for its risk analysis studies in the crypto ecosystem. Under StableEarn, users deposit their USDT assets into private smart contract pools; These investments are transferred to asset-indexed products such as US Treasury bonds or gold developed by Theo.
According to Stable’s statement, there is no use of extra token distributions or crypto-based incentives as in some other decentralized finance (DeFi) platforms. Instead, USDT investments are tied to products that generate income directly from real assets.
Mini dictionary: Real Asset (RWA) — In blockchain projects, it is the name given to the digital transfer of assets that exist in the real world outside the blockchain, such as US Treasury bonds or gold, to the chain. RWA products provide crypto investors with access to traditional assets.
Stable CEO Brian Mehler stated that USDT holders have long had difficulty accessing products that yield competitive rates. According to Mehler, StableEarn solves this problem by working on a completely USDT-focused blockchain that provides institutional-grade returns.
Theo and his partners form the basis of the ecosystem
Theo’s Investment Director Iggy Ioppe also stated in his statement that StableEarn is an “institutional-level, USDT-specific” return product that offers returns based on real markets. Theo has several collaborations with Standard Chartered’s Libeara initiative and Wellington Management on RWA products. Together with StableEarn, Theo’s real asset-based products have taken a central role in the return strategy of the Stable ecosystem.
| Presence | Product Name | Business Partner | Main Source of Return |
|---|---|---|---|
| US Treasury Bonds | thBILL | Libeara | treasury interest |
| Gold | thGOLD | Wellington Management | gold price |
Stable’s USDT focused growth strategy
The mainnet of the Stable platform was launched last year and its main purpose is to offer a network specifically designed for USDT transactions. Stable, which includes Bitfinex among its investors, has raised $28 million in investment to date. USDT is the industry’s largest stablecoin in terms of total supply, and Stable aims to include this large user base into the ecosystem with new products.
The Stable team emphasizes that StableEarn will offer alternative income sources to USDT holders looking for portfolio diversity. In particular, the return option tied to traditional financial assets creates new opportunities for crypto investors. It is also stated that StableEarn is an important milestone as part of the ecosystem development strategy around USDT, which is the main focus of the platform.
