Ready launches USD Prime stablecoin product.
The latest product announcement from Ready allows users to earn on stablecoin holdings inside the crypto card app. Specifically, this is powered by onchain vaults from Morpho and Steakhouse Financial.
Both Morpho and Steakhouse are becoming household vault partners to provide enterprises and institutions with onchain yield alternatives. Morpho has around $6.8B in TVL and Steakhouse manages $1.5B in curated vaults per DeFiLlama.
The Ready team recently updated their brand to get the next wave of users using crypto cards in everyday settings.
Users can easily spend USDC stablecoin balances, and also have the opportunity to take out loans in stablecoins against Bitcoin or other crypto collateral.
