Enterprise digital asset platform Fireblocks has launched "Earn," a new feature allowing institutional clients to deploy stablecoin balances into on-chain lending strategies. The product offers direct access to Aave and Morpho-powered products, including a Sentora-curated vault on Morpho.
Earn targets clients with significant idle stablecoin holdings between settlement and deployment cycles. Fireblocks reported processing $6 trillion in stablecoin transfers in 2025, a 300% increase from the prior year, serving over 2,400 institutional clients.
Michael Shaulov, CEO of Fireblocks, stated that institutions can now utilize idle balances through curated on-chain lending strategies within the existing platform and controls. The company did not specify a target yield, noting that returns are variable, not guaranteed, and generated by underlying protocols.
Aave leads decentralized lending protocols with $25.9 billion in total value locked (TVL), followed by Morpho with $7.67 billion.