Consensys, the Ethereum-focused software firm , has partnered with Aave to integrate a new feature into MetaMask wallets , allowing users to earn yield on stablecoins like USDC, USDT, and DAI. In a press release shared with CryptoNews, the firm said the new feature called “Stablecoin Earn” will be powered by Aave’s lending protocol and will give MetaMask’s user base access to passive income without leaving the wallet interface. The feature expands MetaMask’s current offering beyond staking and into DeFi lending. Stani Kulechov, founder of Aave Labs, said the move is intended to give people “more from their assets” and simplify access to decentralized finance. MetaMask, a product of Consensys, already serves more than 100 million users globally. Aave’s Lending Power Comes to Retail Wallets Launched in 2020, Aave has become one of the largest decentralized lending platforms in the space, with over $50 billion in total value locked. According to the firm, the partnership gives everyday users a path to earn stablecoin yield without interacting directly with DeFi protocols or exchanges. Gal Eldar, Global Product Lead at MetaMask, describes the collaboration as a step toward “putting stablecoins to work” in a wallet that millions already use. By embedding Aave’s lending markets into MetaMask, Consensys said it is removing barriers that may have previously kept new users out of DeFi. The firm explains it’s not just about yield. It’s about making complex financial tools available through trusted platforms. Stablecoin Earn will likely appeal to users seeking a low-friction way to put idle assets to use, particularly during uncertain markets. MetaMask Card Expands Use of DeFi Yield Beyond yield accumulation, MetaMask and Aave have teamed up on MetaMask Card, which allows users to spend yield-bearing aUSDC directly in real-world transactions. The card allows users to continue earning until the point of payment, blending traditional spending behavior with new digital finance capabilities. In June, Consensys said it was beefing up its Web3 arsenal with the acquisition of wallet infrastructure startup Web3Auth. This move comes amid growing concerns about the usability and risks of traditional seed phrase-based wallet systems. With around 35% of users reportedly failing to back up their seed phrases, many face the looming threat of losing access to their funds. 🦊 @Consensys has acquired @Web3Auth to integrate web2-style authentication into @MetaMask #Consensys #Ethereum https://t.co/MiZHIOAU9T — Cryptonews.com (@cryptonews) June 2, 2025 Aave Soars: 14.6% Growth Over Past Month On July 9, Aave ($AAVE) extended its rally , testing the $300 level as the leading protocol in DeFi. With institutional interest growing and liquidity at record highs, Aave’s momentum could breach $300 resistance. Traders were watching for the next confirmation. A clean breakout may fuel the next leg of the upward trend, reports Jimmy Aki from CryptoNews. Aave (AAVE) is currently trading at $291.78, reflecting a 14.76% gain over the past month, despite some recent volatility. The protocol maintains a strong position in the DeFi space with a $35.02 billion total value locked (TVL) and a 24-hour trading volume of $446.1 million, which has surged over 52%. While the market cap dipped slightly to $4.43 billion, the uptick in user activity and renewed momentum—possibly influenced by its integration with MetaMask Earn—shows renewed investor confidence in Aave’s decentralized lending infrastructure.Consensys, the Ethereum-focused software firm , has partnered with Aave to integrate a new feature into MetaMask wallets , allowing users to earn yield on stablecoins like USDC, USDT, and DAI. In a press release shared with CryptoNews, the firm said the new feature called “Stablecoin Earn” will be powered by Aave’s lending protocol and will give MetaMask’s user base access to passive income without leaving the wallet interface. The feature expands MetaMask’s current offering beyond staking and into DeFi lending. Stani Kulechov, founder of Aave Labs, said the move is intended to give people “more from their assets” and simplify access to decentralized finance. MetaMask, a product of Consensys, already serves more than 100 million users globally. Aave’s Lending Power Comes to Retail Wallets Launched in 2020, Aave has become one of the largest decentralized lending platforms in the space, with over $50 billion in total value locked. According to the firm, the partnership gives everyday users a path to earn stablecoin yield without interacting directly with DeFi protocols or exchanges. Gal Eldar, Global Product Lead at MetaMask, describes the collaboration as a step toward “putting stablecoins to work” in a wallet that millions already use. By embedding Aave’s lending markets into MetaMask, Consensys said it is removing barriers that may have previously kept new users out of DeFi. The firm explains it’s not just about yield. It’s about making complex financial tools available through trusted platforms. Stablecoin Earn will likely appeal to users seeking a low-friction way to put idle assets to use, particularly during uncertain markets. MetaMask Card Expands Use of DeFi Yield Beyond yield accumulation, MetaMask and Aave have teamed up on MetaMask Card, which allows users to spend yield-bearing aUSDC directly in real-world transactions. The card allows users to continue earning until the point of payment, blending traditional spending behavior with new digital finance capabilities. In June, Consensys said it was beefing up its Web3 arsenal with the acquisition of wallet infrastructure startup Web3Auth. This move comes amid growing concerns about the usability and risks of traditional seed phrase-based wallet systems. With around 35% of users reportedly failing to back up their seed phrases, many face the looming threat of losing access to their funds. 🦊 @Consensys has acquired @Web3Auth to integrate web2-style authentication into @MetaMask #Consensys #Ethereum https://t.co/MiZHIOAU9T — Cryptonews.com (@cryptonews) June 2, 2025 Aave Soars: 14.6% Growth Over Past Month On July 9, Aave ($AAVE) extended its rally , testing the $300 level as the leading protocol in DeFi. With institutional interest growing and liquidity at record highs, Aave’s momentum could breach $300 resistance. Traders were watching for the next confirmation. A clean breakout may fuel the next leg of the upward trend, reports Jimmy Aki from CryptoNews. Aave (AAVE) is currently trading at $291.78, reflecting a 14.76% gain over the past month, despite some recent volatility. The protocol maintains a strong position in the DeFi space with a $35.02 billion total value locked (TVL) and a 24-hour trading volume of $446.1 million, which has surged over 52%. While the market cap dipped slightly to $4.43 billion, the uptick in user activity and renewed momentum—possibly influenced by its integration with MetaMask Earn—shows renewed investor confidence in Aave’s decentralized lending infrastructure.

Consensys Taps Aave to Launch Stablecoin Yield in MetaMask Wallets

2025/07/29 00:13

Consensys, the Ethereum-focused software firm, has partnered with Aave to integrate a new feature into MetaMask wallets, allowing users to earn yield on stablecoins like USDC, USDT, and DAI.

In a press release shared with CryptoNews, the firm said the new feature called “Stablecoin Earn” will be powered by Aave’s lending protocol and will give MetaMask’s user base access to passive income without leaving the wallet interface.

The feature expands MetaMask’s current offering beyond staking and into DeFi lending. Stani Kulechov, founder of Aave Labs, said the move is intended to give people “more from their assets” and simplify access to decentralized finance. MetaMask, a product of Consensys, already serves more than 100 million users globally.

Aave’s Lending Power Comes to Retail Wallets

Launched in 2020, Aave has become one of the largest decentralized lending platforms in the space, with over $50 billion in total value locked.

According to the firm, the partnership gives everyday users a path to earn stablecoin yield without interacting directly with DeFi protocols or exchanges. Gal Eldar, Global Product Lead at MetaMask, describes the collaboration as a step toward “putting stablecoins to work” in a wallet that millions already use.

By embedding Aave’s lending markets into MetaMask, Consensys said it is removing barriers that may have previously kept new users out of DeFi.

The firm explains it’s not just about yield. It’s about making complex financial tools available through trusted platforms. Stablecoin Earn will likely appeal to users seeking a low-friction way to put idle assets to use, particularly during uncertain markets.

MetaMask Card Expands Use of DeFi Yield

Beyond yield accumulation, MetaMask and Aave have teamed up on MetaMask Card, which allows users to spend yield-bearing aUSDC directly in real-world transactions.

The card allows users to continue earning until the point of payment, blending traditional spending behavior with new digital finance capabilities.

In June, Consensys said it was beefing up its Web3 arsenal with the acquisition of wallet infrastructure startup Web3Auth. This move comes amid growing concerns about the usability and risks of traditional seed phrase-based wallet systems. With around 35% of users reportedly failing to back up their seed phrases, many face the looming threat of losing access to their funds.

Aave Soars: 14.6% Growth Over Past Month

On July 9, Aave ($AAVE) extended its rally, testing the $300 level as the leading protocol in DeFi. With institutional interest growing and liquidity at record highs, Aave’s momentum could breach $300 resistance. Traders were watching for the next confirmation. A clean breakout may fuel the next leg of the upward trend, reports Jimmy Aki from CryptoNews.

Aave (AAVE) is currently trading at $291.78, reflecting a 14.76% gain over the past month, despite some recent volatility. The protocol maintains a strong position in the DeFi space with a $35.02 billion total value locked (TVL) and a 24-hour trading volume of $446.1 million, which has surged over 52%.

While the market cap dipped slightly to $4.43 billion, the uptick in user activity and renewed momentum—possibly influenced by its integration with MetaMask Earn—shows renewed investor confidence in Aave’s decentralized lending infrastructure.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO

Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO

The post Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO appeared on BitcoinEthereumNews.com. Aave DAO is gearing up for a significant overhaul by shutting down over 50% of underperforming L2 instances. It is also restructuring its governance framework and deploying over $100 million to boost GHO. This could be a pivotal moment that propels Aave back to the forefront of on-chain lending or sparks unprecedented controversy within the DeFi community. Sponsored Sponsored ACI Proposes Shutting Down 50% of L2s The “State of the Union” report by the Aave Chan Initiative (ACI) paints a candid picture. After a turbulent period in the DeFi market and internal challenges, Aave (AAVE) now leads in key metrics: TVL, revenue, market share, and borrowing volume. Aave’s annual revenue of $130 million surpasses the combined cash reserves of its competitors. Tokenomics improvements and the AAVE token buyback program have also contributed to the ecosystem’s growth. Aave global metrics. Source: Aave However, the ACI’s report also highlights several pain points. First, regarding the Layer-2 (L2) strategy. While Aave’s L2 strategy was once a key driver of success, it is no longer fit for purpose. Over half of Aave’s instances on L2s and alt-L1s are not economically viable. Based on year-to-date data, over 86.6% of Aave’s revenue comes from the mainnet, indicating that everything else is a side quest. On this basis, ACI proposes closing underperforming networks. The DAO should invest in key networks with significant differentiators. Second, ACI is pushing for a complete overhaul of the “friendly fork” framework, as most have been unimpressive regarding TVL and revenue. In some cases, attackers have exploited them to Aave’s detriment, as seen with Spark. Sponsored Sponsored “The friendly fork model had a good intention but bad execution where the DAO was too friendly towards these forks, allowing the DAO only little upside,” the report states. Third, the instance model, once a smart…
Share
BitcoinEthereumNews2025/09/18 02:28
Eigen price spikes 33% as EigenLayer leads fresh altcoin rally

Eigen price spikes 33% as EigenLayer leads fresh altcoin rally

The post Eigen price spikes 33% as EigenLayer leads fresh altcoin rally appeared on BitcoinEthereumNews.com. EigenLayer price hovered around $2.03, up by 33% after breaking to highs of $2.09. The US Securities and Exchange Commission’s move to approve a rules-based listing standard buoyed altcoins. EIGEN price also gained as the Fed cut interest rates, EigenLayer (EIGEN) is surging. Its price hovers near $2.03, currently up by 33% in 24 hours as a broader rally boosts altcoins. The cryptocurrency market is witnessing a notable resurgence amid the Federal Reserve’s monetary policy decision and a key regulatory win for altcoins. EigenLayer price jumps 33% to retest key level As most altcoins posted minor gains in early trading on Thursday, EigenLayer’s EIGEN token experienced a dramatic 33% price increase. The EIGEN token climbed from lows of $1.50 to hit highs of $2.09, with the sharp uptick marking a significant continuation following a breakout of a descending triangle pattern. Some catalysts of the uptick include partnerships and integrations, regulatory developments and macroeconomic indicators. For instance, on September 17, 2025, the US Securities and Exchange Commission approved generic listing standards for commodity-based trust shares. It means the regulator is adopting a rules-based approach that will streamline the approval process for exchange-traded products on platforms like the NYSE, Nasdaq, and Cboe Global Markets. BOOM: SEC has approved the generic listings standards that will clear way for spot crypto ETFs to launch (without going through all this bs every time) under ’33 Act so long as they have futures on Coinbase, which currently incl about 12-15 coins. pic.twitter.com/E9FXrniXRS — Eric Balchunas (@EricBalchunas) September 17, 2025 EIGEN gained ground as the Federal Reserve’s rate cut supported broader risk sentiment, while optimism has also been fueled by EigenLayer’s recent partnership with Google. In the past 24 hours, trading in the protocol’s native token surged, with volumes topping $427 million — a 260% jump alongside…
Share
BitcoinEthereumNews2025/09/18 17:43