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Ledger debuts new stablecoin rewards powered by Kiln Finance

Ledger debuts new stablecoin rewards powered by Kiln Finance
Ledger Wallet adds stablecoin yield

Ledger has unveiled a new stablecoin yield feature inside Ledger Wallet, allowing users to earn rewards on their stablecoin holdings.

The offering is powered by Kiln Finance and integrates with decentralized finance protocols such as Morpho, Aave and Compound. The move provides Ledger Wallet users with increased flexibility to generate yield on stablecoins according to their personal preferences. Users can access the new feature by downloading or updating the Ledger Wallet application.

Ledger previously updated its protocol to introduce a new transaction flow giving users fee previews and explicit approval before crypto transactions, as reported in a recent article. The company has also highlighted that slow industry adaptation to quantum readiness poses a greater risk to Bitcoin than unexpected quantum computing advances, according to another report. These developments mark a continued focus on user control and technological preparedness.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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