Trust Wallet has introduced Stablecoin Earn, a new in‑wallet feature designed to let users generate passive yield on stablecoins without leaving the app. The company posted on X. Since its launch in May, over $50 million in stablecoins have already been deposited into the program and are quietly earning rewards.
With Stablecoin Earn, one can use stablecoins like USDT, USDC, DAI, or USDA and let it work for you by using on-chain protocols. It promises to be easy to use, and the rewards stay in one’s control from start to finish as Trust Wallet doesn’t custody your assets. The feature offers Multi‑chain & multi‑coin support, meaning it can be used across Ethereum, BNB Chain, Base, and Arbitrum One.
Generating passive yield on stablecoins
The feature will ensure integrated crypto protocols, including Morpho, Aave, Kiln, Compound, Angle, Venus, and Spark, that offer a mix of lending and staking strategies. They also announced that users depositing in Morpho-powered vaults may receive exclusive MORPHO tokens.
Many Trust Wallet users hold billions in stablecoins that are lying idle on-chain. Stablecoin Earn makes it easy to put those assets to work, earning yield right within the wallet experience. With this there is no need to navigate DeFi apps or bridges. One can just choose a stablecoin, deposit, and start earning by following a few simple steps.
How to earn from your Trust Wallet
- Open the ‘Earn’ Tab in your latest Trust Wallet app
- Choose a supported stablecoin from USDT, USDC, DAI, or USDA.
- Enter how much you want to deposit and pick a protocol (Morpho by default)
- You can withdraw anytime, with no lockups or withdrawal penalties
This feature is non-custodial, transparent, and flexible, aligning with Trust Wallet’s mission of secure, accessible Web3 tools. It gives users a way to earn yield on assets that would otherwise sit idle, all from the same wallet they use to hold, swap, and send crypto.