Enterprise digital asset infrastructure platform Fireblocks mentioned Wednesday it launched Earn, a function that lets institutional shoppers route stablecoin balances into onchain lending methods by way of Aave and Morpho-powered merchandise.
The product launches with a Sentora-curated vault on Morpho and direct entry to Aave’s stablecoin lending markets, in response to Fireblocks. The corporate mentioned Earn is obtainable now in Early Entry for Fireblocks clients.
Fireblocks mentioned the function is aimed toward shoppers sitting on giant idle stablecoin balances between settlement home windows and deployment cycles. The corporate mentioned it processed $6 trillion in stablecoin switch quantity in 2025 throughout greater than 2,400 institutional shoppers, up 300% from a yr earlier.
Fireblocks is the most recent platform launching an institutional gateway product for decentralized lending, looking for to make idle stablecoin holdings extra productive for establishments. Competing options for institutional stablecoin lending embody Aave Horizon, Coinbase Prime, Anchorage Digital, Nexo Institutional and Spark Institutional Lending.
Fireblocks didn’t disclose a goal yield. The corporate mentioned any returns can be generated by the underlying protocols and can be variable, not assured, and could possibly be zero.
Aave is the most important decentralized lending protocol with $25.9 billion in complete worth locked (TVL), adopted by Morpho with $7.67 billion in TVL, in response to DeFiLlama information.
Fireblocks targets idle stablecoin balances
Fireblocks mentioned most institutional capital sits idle between deployment cycles and settlement home windows, which impressed the brand new Earn product, in response to Michael Shaulov, CEO and co-founder of Fireblocks.
“For the primary time, establishments can put these balances to work by way of onchain lending methods curated by established institutional names, inside the identical platform, beneath the identical controls they already run,” he mentioned.
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Fireblocks has been increasing its institutional providers past simply lending.
In October 2025, Fireblocks Belief Firm teamed up with Galaxy, Bakkt, and others to launch a crypto custody framework working beneath the New York Division of Monetary Companies (NYDFS) to fulfill hovering institutional demand, Cointelegraph reported.
On Jan. 7, 2026, Fireblocks acquired crypto accounting platform TRES for $130 million, tapping the corporate for its tax compliance infrastructure to assist establishments.
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