Stable launched StableEarn, a USDT yield product on Morpho backed by real-world asset strategies.
Stable, the USDT-dedicated layer-1 blockchain backed by Bitfinex, Hack VC, and Franklin Templeton, has launched StableEarn, a yield product for holders of Tether's stablecoin (USDT). The product routes user deposits into real-world asset (RWA) instruments to generate returns.
StableEarn is built on Morpho, an on-chain lending protocol. Risk management parameters governing the product were set by Gauntlet, a risk management firm. User funds flow into vaults, which are automated smart-contract pools that deploy capital into yield strategies without relying on token emissions or incentives common in DeFi yield programs.
The underlying yield is sourced from RWA products developed by Theo, a financial firm that works with Standard Chartered's Libeara platform and Wellington Management. Those instruments include thUSD, thBILL, and thGOLD, which are tied to assets such as US Treasurys and gold.
Institutional-Grade Yield for USDT Holders
Theo CIO Iggy Ioppe said the product delivers "USDT-native, institutional-grade" returns generated by real-world markets. Stable CEO Brian Mehler said placing USDT to work has historically faced obstacles around competitive yields. He said StableEarn addresses this by pairing institutional-grade yield with a chain built specifically for USDT.
USDT is the largest stablecoin by market cap. Stable raised $28 million ahead of its mainnet launch in a round co-led by Bitfinex and Hack VC, with participation from Franklin Templeton and other investors.
The vault structure separates StableEarn from most existing DeFi yield programs. Most DeFi products subsidize depositor returns using protocol token emissions, which fluctuate with market conditions. StableEarn draws yield from regulated RWA instruments instead, removing that dependency.
The launch arrives as competition for stablecoin yield intensifies. Multiple blockchains and protocols are targeting USDT and USDC holders seeking alternatives to native DeFi strategies. Stable's focus on institutional infrastructure and credit-quality underlying assets positions the product within the RWA segment of the market. #Stablecoins #USDT #RWA #DeFi
Solana Trader Turns $341 Into $157K on World Cup Meme Coin
A trader on the Solana (SOL) network spent $341 on a World Cup-themed meme coin in May 2026 and has since accumulated $157,600 in combined realized and unrealized gains. The token, called World Cup Coin, has risen more than 30,000% since its May 11, 2026, launch on token launchpad Pump.fun. The project has no official affiliation with FIFA.
The trader made five purchases totaling $341 within hours of the token going live. World Cup Coin carried a market cap below $40,000 at the time of those purchases. The token traded sideways for roughly 12 hours before its market cap spiked to $2.18 million, then climbed to $6 million the following day. The trader sold $35,700 worth of tokens during those two moves.
World Cup Coin then pulled back 49% to a $3.15 million market cap. It subsequently hit an all-time high of $12.2 million on May 21, representing a gain of more than 30,000% from the trader's first purchase. The trader sold additional tokens during that spike, bringing total realized proceeds to $49,400 across 78 transactions, according to block explorer SolScan.
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