Bitget Wallet & Aave Launch Stablecoin Earn Plus With 10% APY

Core Insights - Bitget Wallet has partnered with Aave to launch Stablecoin Earn Plus, offering a base return of 10% APY on deposits [1] - The product channels USDC deposits into Aave's lending pools, with guaranteed returns up to US$10,000 [2] - Compared to traditional platforms, Bitget Wallet's offering provides significantly higher yields, doubling typical returns [3] Product Details - Users can start investing with as little as US$1, with interest accruing in real time and withdrawals processed quickly [2] - The integration of Aave's infrastructure with Bitget Wallet's yield subsidies ensures a stable income for users [1][4] - The existing User Protection Fund of Bitget Wallet, backed by 6,500 BTC worth over US$700 million, enhances security [4] Industry Commentary - Stani Kulechov from Aave Labs emphasized the accessibility of Aave's yields through Bitget Wallet for a broader audience [5] - Jamie Elkaleh from Bitget Wallet highlighted the connection of institutional-grade yield opportunities with everyday users [5] Future Plans - Bitget Wallet plans to expand the Stablecoin Earn Plus offering to additional stablecoins, protocols, and blockchains [6] - An introductory APY of 18% is available for users participating in the launch week, reflecting the company's vision to mainstream digital assets [7]