Ledger launches yield program for stablocoins in alliance with Kiln

Ledger integrates yields DEFI About stablcoins directly from your app Ledger Live. Users can earn up to 9.9% per year in Stablecoins, without leaving their platform, operating through third parties, nor compromising asset self -ocustody.

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• Ledger It is associated with Kiln To offer yields DEFI from Ledger Live.
• Users can obtain between 5% and 9.9% annual in USDC, USDT, USDS and DAI.
• Integration prioritizes safety, without relying on web 3 browsers or external decentralized applications.

Ledger, The renowned hardware developer company for cryptocurrency storage announced a New function that allows its users to generate yields on Stablcoins directly from its platform Ledger Live. This integration is carried out in collaboration with Kiln, An infrastructure provider DEFI.

The announcement came to place in an interview for the medium The Blockwhere they report that with this new feature, users will be able to earn between 5% and 9.9% per year on assets such as USDC, USDT, USDS and DAI. All this, while maintaining total control of their funds through their wallet.

A new way of obtaining yields in Stablecoins

The strategy of Ledger It focuses on simplifying access to decentralized loan protocols such as Aave, Compound, Morpho, Sky and Spark. Thanks to Kiln, Users They will no longer need to connect their external web3 wallets or handle complex decentralized applications.

Jean-Francois Rochet, Vice President of Consumer Services of Ledger, explained to The Block that Kiln operates as a background infrastructure, facilitating direct connection with protocols DEFI through Ledger Live, Available in desk and mobile version.

One of the main concerns when interacting with DEFI Safety has always been. Rochet stressed that “Web 3 browsers are usually insecure”, underlining that this integration significantly improves protection, since everything is carried out within the environment of Ledger Live.

Besides, Ledger He implemented a clear signature method, allowing users to easily verify and understand transactions before approved. The simplicity of use is also reflected in the process: it is enough to enter the amount to be deposited and choose the desired protocol from an drop -down menu.

Although it is recognized that the returns offered are slightly lower than those available when interacting directly with the protocols, the company considers that the ease of use and security compensate for this difference.

An opportunity for millions of users

Ledger emphasize that Although Stablecoins are the most used assets in the crypto ecosystem, only 4% of their holders currently gain interest on them. This new integration aims to democratize access to Stablecoins yields, without depending on centralized exchanges that limit fees or complicate asset management.

The company ensures that this proposal offers a transparent and simple solution to obtain passive income, increasing user autonomy over their digital assets.

On the other hand, Laszlo Szabo, co -founder and CEO of Kiln, commented that working with Ledger It has allowed them to thoroughly understand the needs of their users. “We are excited to help open access to Stablecoins rewards for millions of Ledger users,” affirmed.

Ledger and Kiln: a collaboration with a certain trajectory

This is not the first collaboration between Ledger and Kiln. Last year, both companies were also associated to offer direct access to the liquid staking tokens on the platform Ledger Live.

Kiln It currently manages more than USD $ 11,000 million in cryptoactives, controlling around 4.5% of all assets stationed in Ethereum and 2.6% in Solarium.

For its part, Ledger He celebrated his tenth anniversary in 2024 and claims to protect more than 20% of all cryptoactives in the world, with more than 7.5 million devices sold in 210 countries.

Although Rochet said that there is a plan to expand the list of compatible assets, for the moment no specific schedule for new additions has been announced.

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