Aave launches Stable Vaults for yield on stablecoin deposits
Aave Labs has introduced Stable Vaults, a product that enables fintech apps to offer yields on stablecoin deposits.
The vaults automatically allocate deposits across approved DeFi lending strategies, handling liquidity and yield distribution.
This move positions Aave against rivals such as Morpho, whose vaults power high-yield stablecoin products at major exchanges.