MetaMask users can now earn yield on stablecoins via Aave
MetaMask, the Ethereum-based crypto wallet, now allows users to earn interest on their USDC, USDT, and DAI stablecoins through a new partnership with decentralized lending protocol Aave.
The feature, called Stablecoin Earn, is available directly in the MetaMask wallet. The yield is generated from Aave’s lending infrastructure, where deposited assets can be borrowed by others in exchange for returns.
MetaMask, created in 2016 by Consensys (Ethereum’s main development company), now offers this simplified gateway to DeFi earnings. Aave is the largest DeFi lending protocol in the Ethereum ecosystem, with a total value locked (TVL) exceeding $50 billion.
Stablecoins have become one of the most popular gateways into crypto and originated from the DeFi sector itself.
Onboarding users into crypto through stablecoins
According to the companies, passive income through stablecoins within the MetaMask wallet—tailored for staking services and Web3 access—eliminates the need to navigate complex DeFi interfaces or third-party platforms.
“MetaMask is the most popular Web3 access point used by millions. This partnership enables earning opportunities directly inside the wallets people already use, helping them better utilize their assets and control their financial future,” said Stani Kulechov, founder of Aave Labs.
The companies also revealed that the MetaMask payment card, powered by Mastercard, is part of this integration. It allows users to spend Aave’s interest-bearing tokens (aUSDC) in real-world transactions while still earning interest until the moment of spending.
As we wrote, Aave experiencing ETH liquidity shortfall after $1.7B withdrawals
- Forex
- Crypto