Tether-focused chain Stable launches USDT institutional yield product

<p>Stable, the USDT-dedicated Layer 1 blockchain project backed by Bitfinex, said Tuesday it has launched a new yield product for holders of Tether's stablecoin.</p>

<p>Dubbed StableEarn, the product is designed to give (USDT) holders an additional option for capturing yield.

With StableEarn, holders can earn yield through a suite of real-world asset products, offered by Theo, that are tied to assets like Treasurys and gold, according to a statement.</p>

<p>"StableEarn is what onchain dollar yield looks like done right,” Theo CIO Iggy Ioppe said.

"USDT-native, institutional-grade, with returns generated by real-world markets." Theo works with <span style="font-weight: 400;">partners like Standard Chartered's Libeara and Wellington Management on RWA products like </span><span style="font-weight: 400;">thUSD</span><span style="font-weight: 400;">, </span><span style="font-weight: 400;">thBILL</span><span style="font-weight: 400;"> and </span><span style="font-weight: 400;">thGOLD</span><span style="font-weight: 400;">."<br />