Lido upgrades the Earn product, launching stablecoin vaults that include USDT and USDC

CryptoWorld News: The liquidity staking protocol Lido is launching EarnUSD Vault, its first stablecoin vault designed to integrate with its Earn product line. EarnUSD will allocate users’ USDC and USDT tokens into dollar-denominated strategies on Ethereum, combining “conservative lending positions with selectively investing in higher-performing strategies” to generate yields. The announcement states this includes high-yield investment products such as risk-weighted assets (RWA) and structured products. Users will receive earnUSD tokens representing their holdings and earn compound interest. The protocol initially offers three themed strategies, including the “Golden Goose Vault” built around DeFi blue chips, DVV incentivized by distributed validator technology, and stRATEGY providing stETH DeFi opportunities. As part of this launch, Lido DAO will invest $5 million of its treasury assets into the Earn vault and has committed to bearing any losses if issues arise. Tether has built an internal Bitcoin-specific dashboard, revealing a total of 575.9 million Tether in circulation. Tether CEO Paolo Ardoino disclosed that Tether has developed an internal Bitcoin dashboard for internal teams to promote global Bitcoin adoption and education. The dashboard covers user data, balances, and on-chain traffic, showing Tether stablecoin users total 575.9 million, with approximately 2.878 million daily active on-chain transfer users and 4.7 million monthly active receiving addresses.