TechFlow News, May 26: Stable, a blockchain company focused on USDT payments, launched its yield product StableEarn on May 26, expanding its business from stablecoin payments into fund management. The first vault has gone live on Morpho, with crypto risk management firm Gauntlet responsible for configuring deposited assets within Morpho’s lending markets and managing risk parameters and rebalancing.
The product targets neobanks, fintech companies, payment processors, and individual users. The first vault is supported by Theo’s products, with associated strategies including tokenized U.S. Treasury exposure (thBILL), interest-bearing gold tokens backed by loans to jewelers (thGOLD), and interest-bearing stablecoins built on gold derivatives (thUSD).
