Bitget Wallet and Aave launch a 10% yield stablecoin product

Bitget Wallet, a leading crypto platform and storage solution, has partnered with decentralized lending protocol Aave ( AAVE ) to launch a USD Coin ( USDC ) yield product called Stablecoin Earn Plus, as per the most recent reports shared with Finbold on Tuesday, September ￰0￱ today and offering a 10% Annual Percentage Yield (APY), Stablecoin Earn Plus delivers one of the highest returns among self-custodial wallets and other exchange-based savings ￰1￱ integrating Aave’s lending pools and Bitget Wallet’s subsidies, the initiative primarily seeks to offer dollar-backed yield and immediate fund access. “Bitget Wallet is making Aave’s yields simple to access for more people ￰2￱ connecting easy-to-use wallets with trusted onchain markets, everyday savers can now benefit from open and transparent finance,” said Stani Kulechov, Founder of Aave ￰3￱ Wallet also collaborated with service provider TokenLogic to ensure the integration aligns with Aave’s long-term sustainability goals.

Namely, the offering is based on the protocol’s interest-bearing aTokens, which deliver yields to users in real time. Accordingly, the framework could later be extended to other assets via Bitget Wallet’s global ￰4￱ Earn Plus Stablecoin Earn Plus:) Jamie Elkaleh further highlighted the importance of bringing institutional-grade opportunities to retail users: “Partnering with Aave allows us to connect institutional-grade yield opportunities with a wider user base…. It’s a practical step toward our vision of making crypto simple enough to be part of everyday life, for everyone.” To celebrate the launch, Stablecoin Earn Plus will offer an 18% APY during the first week (September 9–15).

Additionally, Bitget Wallet revealed it plans to include other stablecoins , protocols, and networks in the future.