Ledger Now Offers Up To 9.9% APY Passive Income on Stablecoins

By: cryptonews|2025/05/03 21:45:01

Ledger users will be able to earn up to 9.9% APY with the new integration French hardware cryptocurrency wallet maker Ledger announced the launch of a feature that allows users to generate revenue from stablecoins directly from self-storage mode. The innovation is in collaboration with the infrastructure DeFi platform Kiln, one of the leading crypto platforms for earning passive income. The new feature will give Ledger device owners the ability to earn passive income ranging from 5% to 9.9% on USDC, USDT, USDS, and DAI stablecoins through various DeFi lending protocols, including Aave, Compound, Morpho, Sky, and Spark. In doing so, users retain full control over their assets. Now, instead of connecting its Ledger hardware wallet to third-party web3 wallets and using multiple decentralized applications, Kiln removes that complexity and increases security by providing access to DeFi's returns directly within the companion Ledger Live app, running on both desktops and mobile devices. Related: 5 Best Hardware Wallets for DeFi in 2025 Ledger claims that the integration opens up access to DeFi yields in a more user-friendly way, including clear transaction signing, a method in which the signed content of blockchain transactions is presented in a human-readable form and easily verifiable. Users simply enter the amount they want to deposit and select the protocol with the desired annual percentage yield from a drop-down list. The trade-off, however, is that users receive a slightly lower yield than when accessing the protocols directly. "Ledger is a pioneer in generating yield with prioritized security in the DeFi space," the company said in a statement. "More and more users are entering the world of cryptocurrencies, and we are committed to making digital assets accessible without depending on insecure browser-based wallets or a plethora of decentralized applications. With Ledger Live and Kiln, people now have transparent and simple solutions for rewards. We are excited to see the expanded options for Stablecoins made available to Ledger Live users." Ledger states that despite stablecoins being one of the most widely used assets in the cryptocurrency world, only 4% of their holders are currently earning returns on their USDC and USDT. "This integration opens up the profitability of stablecoins to users and provides full autonomy over digital assets, unlike centralized exchanges that take control and limit returns to decentralized application browsers," the company said in a statement. Ledger celebrated its 10th anniversary in 2024 and claims that its devices secure more than 20 percent of the world's crypto assets, having sold over 7.5 million hardware crypto wallets to customers in 210 countries. Kiln manages more than $11 billion in cryptocurrencies, handling about 4.5% of Ethereum's total asset staking and 2.6% of Solana. Hardware wallets manufactured by Ledger are widely regarded as the safest and most reliable way to store Bitcoin and other crypto assets . As long as the seed phrase storage is handled with care, there's no way that any malicious actor or software could endanger the safety of your crypto. Buy a Ledger Wallet

A Polymarket user supported nearly half of Trade.xyz's "active addresses" with 34,000 wallets, yet contributed less than 1% of the trading volume. The real support for the market comes from market-making institutions like Jump, Selini, and Wintermute, as well as a group of directional traders crossi...

Binance quietly placed a bet on a leading large model company

In the past year, YZi Labs has significantly accelerated its investments in the AI field, from educational agents to physical robots, and then to large models, with crypto capital and AI technology rapidly integrating.

Best Crypto Discord Server 2026: Why Jacob’s Crypto Clan Is Gaining Massive Attention

Jacob’s Crypto Clan has grown into one of the most active crypto Discord communities, with over 45K members and continuing to expand. This rapid growth reflects strong demand for structured trading insights and real-time collaboration.

Tom Lee Buying ETH: Why Wall Street’s Loudest Ethereum Bull Keeps Doubling Down

Tom Lee keeps buying ETH through every dip, every drawdown, and every moment of market doubt. Inside the strategy that's turning Ethereum into a treasury asset — and what it signals for the rest of the market.

Stripe Sessions 2026: AI Agent, Global Payments, and Invisible Crypto Infrastructure

Stablecoins have finally begun to enter the real business world, but this time, the main character may not be exchanges, wallets, or public chains, but Stripe. It encapsulates KYC, wallets, gas, compliance, and settlement, allowing businesses to access on-chain assets just like using regular payment...

Where will South Korea's cryptocurrency taxation head?

There is little time left before South Korea implements cryptocurrency taxation, but the current tax laws only cover simple spot and currency-to-currency transactions. Driven by the international tax information exchange standard (CARF), South Korea is comprehensively building an intelligence analys...

Legendary investor Naval: Apple is dead, SaaS will follow suit, and entrepreneurs have 18 months to reshape their moats

"You can continue to hold Apple stock. Just don't expect that what you hold is stock in a growth company."

Morning Report | Visa includes Polygon in its global stablecoin settlement program; MoonPay invests $100 million to acquire security company Sodot; Digital wallet platform Belo completes $14 million Series A financing

Overview of Important Market Events on April 29

Full text of the Federal Reserve's decision: Holding steady for the third consecutive time but increasing divisions

The Federal Reserve has kept interest rates unchanged for the third consecutive time, but there were internal voting disagreements, with one official advocating for a rate cut while three others opposed signaling easing. The situation in the Middle East and fluctuations in energy prices further ampl...