Trust Wallet Introduces Stablecoin Earn: New Feature Overview

Stablecoin holding: safe storage or a missed opportunity during a growing crypto market? Stablecoins make trading easier, provide a way to store crypto without volatility, reducing risks, and offer other valuable advantages. But what if stablecoins in the wallet could do more than just wait for the right market moment to be invested, and instead actively work, generating passive income?

That’s exactly what Trust Wallet’s new Stablecoin Earn feature is developed for. It allows users to deposit stablecoins and earn passive rewards in a flexible, fully decentralized way—right inside their wallets. Trust Wallet is a world-leading non-custodial Web3 wallet, chosen by over 200 million users, and offers all the essential tools for buying, selling, trading, and storing crypto, as well as fully interacting with the DeFi ecosystem.

What is Stablecoin Earn?

Stablecoin Earn is a tool inside Trust Wallet through which users can generate passive income onchain, from their stablecoins. At launch, the feature is available on four blockchains—Ethereum, BNB Chain, Base, and Arbitrum One—and supports four stablecoins: USDT, USDC, DAI, and USDA.

How Stablecoin Earn works

When a user makes a deposit, Stablecoin Earn provides access to DeFi yield strategies across multiple protocols—directly inside the wallet, with full control over funds and in a user-friendly manner. The feature is powered by trusted infrastructure partners, enabling a seamless onchain yield process:

• Kiln: A leading digital asset rewards management platform that supports over 10 major protocols. Integrated into the backend of Trust Wallet’s Stablecoin Earn, Kiln simplifies the reward experience for users and enables secure, automated access to a wide range of DeFi strategies for their deposited stablecoins.
• Morpho: A reliable and secure decentralized lending infrastructure that allows Stablecoin Earn users to receive exclusive rewards, including MORPHO token incentives.

Core Benefits of Stablecoin Earn for Users

Trust Wallet continues to be clearly focused on meaningful innovation, adapting to relevant trends in the crypto market to empower users. Speaking on the reasoning behind the feature, Trust Wallet CEO Eowyn Chen noted:

“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,” said Eowyn Chen, CEO of Trust Wallet. “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 key benefits of using Stablecoin Earn are as follows:

• Full control: Users can earn yield on their stablecoins fully onchain without giving up custody—keeping their crypto entirely under their own control, with no third-party platform involvement.
• Multichain support: Support for four different networks at launch provides flexibility and access to a broader range of DeFi strategies.
• No lockups: Deposits and withdrawals can be made at any time without lock-in periods, offering maximum mobility and flexibility.
• Convenience and availability: Trust Wallet is one of the most user-friendly non-custodial wallets, with an intuitive interface that even beginners can use to access Stablecoin Earn in just a few clicks. Besides that, the new feature is available in most regions, though due to regulatory restrictions, it is currently not accessible in the UK or U.S. until further notice.
• Bonus rewards: In addition to earning passive income on stablecoins—which are not exposed to price volatility, reducing market-related risks—users can receive extra rewards in MORPHO tokens by participating in select vaults.

Why Stablecoin Earn is a Key Use Case in the Current Cycle

Stablecoins are one of the most important components of the crypto market and are used almost everywhere. They enhance liquidity in trading, simplify the conversion process between assets, and provide a stable store of value. Stablecoins are also utilized in lending and borrowing, DeFi yield strategies, and they can support and improve the digital economy thanks to the advantages of blockchain technologies. Furthermore, stablecoins can help with crypto adoption, as newcomers to the crypto market will recognize a familiar concept in crypto with a stable price, often pegged to the dollar, such as USDT or USDC.

However, for many users, stablecoins simply serve as a way to store value, and platforms offering yield generation often come with complex or centralized processes, sometimes requiring a fixed lock-up period. Trust Wallet’s Stablecoin Earn offers a solution by allowing users to deposit stablecoins directly within their wallet and earn passive income. What sets it apart is the flexibility to withdraw assets at any time, giving users full control and access to their stablecoins, so they can use them as needed.

How to Get Started with Stablecoin Earn in Trust Wallet?

To get started with Stablecoin Earn, download Trust Wallet. After creating or importing your wallet, the feature will be available in the Earn section, where you can deposit USDT, USDC, DAI, and USDA on Ethereum, BNB Chain, Base, and Arbitrum One to start earning passive rewards.

To learn more about the Stablecoin Earn feature and stay updated with new announcements from Trust Wallet, check out the following links:

Official announcement | X | Telegram | Download Trust Wallet