Ledger adds new Stablecoin yield features

Ledger has launched a new feature in the live app. This allows users to earn returns on Stablecoins without waiving custody of the funds.

Key Points:

• Ledger allows users to earn up to 9.9% each year with Stablecoins, while still maintaining their assets’ independence.
• Integration with Defi protocols such as Aave and Compounds allows passive income to be accessed without technical complexity.
  This new feature reinforces the trend towards a distributed solution that offers more control and flexibility for users.

This update illustrates key steps to make Decentralized Financial (DEFI) more accessible to the general public by combining security, profitability and ease of use. With this new tool, users can earn up to 9.9% APY by depositing stub coins such as USDT, USDC, USDS, DAI and more.

How do new features in Ledger work?

Unlike a centralized platform, this feature does not require the transfer of assets to third parties or directly interacting with smart contracts. Everything is managed through the Ledger Live interface and assets remain firmly stored in the user’s hardware wallet.

This integration was made possible through a partnership with Kiln Finance, which serves as a bridge between ledgers and Defi protocols such as Aave, Composite, Morpholab, Spark, Sky. These protocols offer significantly higher yields than traditional exchanges, which rarely exceed 3% rates.

Ledger’s goals are clear. It is often to simplify access to passive income opportunities through Stablecoins without exposing users to the technical complexities associated with DEFI. Furthermore, by conserving independence, this feature reinforces a decentralized philosophy at the core of a crypto ecosystem.

Funds can be withdrawn at any time, eliminating general barriers such as lock-up periods and withdrawal restrictions generally imposed by centralized managers. This makes the new ledger feature an attractive option for users who value both asset sovereignty and revenue generation.

Interest in similar products is growing. For example, Level Protocol recently announced that Stablecoin SlvLUSD offers an annual yield of 9.28% based on its latest revenue distribution. Meanwhile, regulatory restrictions, such as restricting our users’ access to SLVLUSD, fulfill the challenges.

Still, the rise of tools like Ledger highlights the growing trend towards decentralized, user-controlled financial solutions that open new doors to the crypto world.