- Ledger has introduced stablecoin yields through its Ledger Live app
- Ledger Live supports leading stablecoins USDT, USDC, USDS, and DAI
- The yields range from 5-9% per year
Hardware wallet manufacturer Ledger has announced stablecoin yields for its Ledger Live app users to provide them with a passive income source. The Ledger Live stablecoin yield program supports leading stablecoins USDT, USDC, USDS, and DAI with yields ranging between 5% and 9% per year. Ledger disclosed that the move is powered by DeFi infrastructure platform Kiln Finance, indicating that the wallet manufacturer wants to allow its users to interact with the DeFi world while still holding their funds.
Users Still Control Their Funds
Ledger disclosed that Ledger Live users participating in the program will still fully control their assets, adding that it doesn’t “compromise on security.” Kiln will provide a gateway to earn yields by enabling Ledger Live users to deposit their stablecoins into popular DeFi platforms like Sky, Compound, and Aave.
Introducing Stablecoin Yields in Ledger Live.
Your stablecoins, your yield — no compromises.
Now earn up to 9.9% APY on $USDT, $USDC, $USDS & $DAI through Ledger Live with full self-custody. Powered by @Kiln_finance, integrated with top protocols like @aave, @compoundfinance,… pic.twitter.com/ZuXF9L9Ln4
— Ledger (@Ledger) April 29, 2025
The option allows users to either individually stake their assets, delegate their stablecoins to a validator, or engage in liquid staking. According to Kiln, “stablecoin yield is driven by onchain mechanics such as lending protocols and liquidity pools.” The staking option has no lockup period, meaning that users can stake and unstake their funds at will.
Kiln allows Ledger Live users to access the DeFi protocols from inside the Ledger Live app, reducing the need to rely on third-party apps. Jean-Francois Rochet, Ledger’s VP of consumer services, said the direct integration enhances the security of user funds.
No Complex Processes
Rochet also said that it also prevents Ledger Live users from “going through complex processes,” adding that the integration “brings top DeFi protocols directly into the Ledger platform.”
Ledger’s move comes as blockchain-focused entities, from DeFi platforms, NFT projects, and web3 platforms, rebrand or expand their offerings to either stay afloat, attract more users, or evolve with changing user needs.
With Ledger offering staking from inside the Ledger Live app, it’s likely that it’ll support more cryptos to give users more options to choose from.
