Stable launches institutional yield product for USDT

Stable, a Layer 1 blockchain project focused on Tether (USDT), has introduced a new yield-generating product called StableEarn. This initiative aims to provide institutional-grade yield opportunities directly to USDT holders. The product allows users to earn returns by investing in real-world assets, such as U.S. Treasurys and gold, facilitated by Theo. This move by Stable, which is backed by prominent firms like Bitfinex, Hack VC, and Franklin Templeton, represents an effort to bridge traditional finance with the digital asset space by offering tangible yield streams.