Fireblocks has launched stablecoin earn.
Fireblocks is leaning into offering its institutional and enterprise customers competitive yield offerings from idle stablecoin balances. The company plans on integrating popular DeFi lending and borrowing pools from protocols Aave, Morpho and vault curator Sentora.
Sentora CEO Anthony Demartino expressed:
Our integration with Fireblocks means institutions can now access these sophisticated strategies through an infrastructure they already trust, removing a major barrier to institutional DeFi participation.”
With this, Fireblocks continues to advance its stablecoin solutions to existing clients and partners. A few months back, the team announced several important acquisitions with Tres Finance and Dynamic to expand the security and interoperability of its wallet products.
Meanwhile, onchain lending and borrowing across DeFi continues to exapnd as Morpho operates with $7.6B and Aave leads with $26.1B per DeFiLlama.
