Could A Wallet-Native Yield Make Stablecoins Stickier Than Bitcoin Or Ethereum?

A new crypto wallet product, Stablecoin Earn Plus, powered by an Aave (CRYPTO: AAVE) integration, offers a 10% annual percentage yield (APY) on USDC (CRYPTO: USDC).

The initiative presents an alternative to holding volatile assets like Bitcoin (CRYPTO: BTC) or Ethereum (CRYPTO: ETH).

According to Jamie Elkaleh, CMO of Bitget Wallet, the product allows users to generate income from their stablecoin holdings.

This addresses a challenge for investors who want to use their crypto assets without daily market speculation.

The yield on a stablecoin like USDC provides a new option for users.

Instead of relying on price appreciation, investors …

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