#yield-product

[rwatimes]

Plume And Bybit Launch Institutional-Grade RWA Yield Product For Idle Stablecoins

Plume partners with Bybit to offer institutional-grade bond yield products from PIMCO and CMB International, targeting idle stablecoins on exchanges.

➤ Plume and Bybit have launched an institutional-grade RWA yield product for idle stablecoins, leveraging bond portfolios managed by PIMCO and CMBI. ➤ This initiative aims to bridge traditional finance and DeFi by offering a regulated, familiar way for Bybit users to earn yield on their stablecoins without direct DeFi engagement. ➤ The product targets a significant pool of idle stablecoins on centralized exchanges, signaling a growing trend of institutional involvement in tokenized assets.

[rwatimes]

Kraken Launches Bitcoin Yield Product

➤ Kraken has launched a new non-custodial Bitcoin yield product, the Kraken Earn BTC Vault, offering up to 2.5% yearly yield. ➤ The product attracted $30 million in Bitcoin deposits from 4,000 wallets within its first 10 hours of launch. ➤ Yield is generated by swapping Bitcoin to Kraken Wrapped Bitcoin (kBTC) and allocating it across DeFi lending platforms like Aave and Morpho.

[rwatimes]

Stable Launches USDT Yield Product StableEarn on Morpho

Stable launched StableEarn, a USDT yield product on Morpho backed by real-world asset strategies.

➤ Stable has launched StableEarn, a new yield product for USDT holders built on the Morpho lending protocol. ➤ The product leverages real-world asset (RWA) strategies, including US Treasurys and gold, to generate institutional-grade yields. ➤ StableEarn aims to provide competitive returns for USDT by avoiding reliance on volatile token emissions common in DeFi.