stablecoin yield
Earn on your USDC and USDT
Earn yield on stablecoins, secured by your Trezor
Earn in a few clicks
Hardware security
Safer by design
Stay in control
Earn yield in 3 easy steps
Log in to your Trezor Suite and click Deposit
Enter the amount of USDC or USDT on Ethereum you want to deposit
Follow the in-Suite instructions and begin earning rewards
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Proven lending infrastructure
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Billions in stablecoin assets
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Stablecoin Yield in under 5 minutes
Your questions, answered
Stablecoin yield is the interest you earn by lending your stablecoins through a DeFi protocol. Instead of sitting idle, your capital is put to work in a lending market where borrowers pay interest to access it. That interest is passed back to you as yield, with rates that reflect real borrowing demand on-chain. It is a simple way to securely earn income on your stablecoins.
At the moment, you can earn USDT and USDC yield on Ethereum.
Your stablecoins are deposited into Steakhouse Prime Vaults on Morpho on Ethereum, allowing you to generate yield on stablecoins in a cold wallet. Borrowers pay interest to use your capital, and that interest becomes your yield.
Yes. Only you can approve movements of your positions from the vault. No one else has that authority. You hold the keys.
Your yield compounds continuously and is reflected in your vault balance automatically. There’s nothing to claim. When you withdraw, you receive your original deposit plus the stablecoin rewards you’ve earned. Processing times may vary slightly with Ethereum network conditions and chosen fee.
The Morpho DeFi protocol is a decentralized lending protocol. It is one of Ethereum’s largest stablecoin lending protocols, live since 2022 and tested across market cycles. The Prime Vaults chosen by Trezor are curated by Steakhouse Financial, and contracts are audited, non-upgradeable, and publicly verifiable on Ethereum.
A curator is the entity that configures risk parameters and allocation rules of a Vault smart contract. They select lending markets, determine accepted collateral, and curate risk as conditions change. The vaults available in Trezor Suite are curated by Steakhouse Financial, which curates almost $2B in deposits across multiple networks and focuses on generating reliable yield from established lending markets.
Smart contract vulnerabilities and extreme market conditions can affect Prime Vaults curated by Steakhouse on Morpho. Trezor protects how you interact with the vault. Your keys stay offline, every transaction is approved on your device, and Trezor Suite only connects to audited contracts. What Trezor cannot do is eliminate the risks inherent to DeFi lending itself. Prime Vaults are chosen for their safe market exposure, but no protocol is risk-free. Yield is variable and not guaranteed.
Your vault position is held in standard ERC-20 tokens on Ethereum. If Trezor Suite were ever unreachable, you could withdraw using any compatible interface, signing with your Trezor device as usual. You are never dependent on Trezor Suite to access your funds. Withdrawal is subject to vault liquidity.
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