Similar to the practice of placing digital assets, yield-generating stablecoins and Polish have collected a significant traction as an advanced mechanism for collecting cryptocurrency holdings and generating passive income through long-term holding periods. Below you will find an analytical snapshot of the top five stablecoin -reading pools, arranged by total value locked (TVL) and their corresponding annual percentage yields (APY), from 6 March 2025.
Decoding the rise of return-generating Stablecoin-Pools in 2025
After the collapse of the ecosystem and anchor of Terra, an emerging cohort of revenue stablecoins has risen to fame, fascinating participants looking for reliable returns in decentralized financing. A revenue-bearing Stablecoin represents a category Fiat-Pegged digital tokens that marries the stability that is inherent in traditional Fiat currencies with possibilities for building passive income. Certain standard stablecoins, when deposited in extensive liquidity pools, accumulate returns that are generated by the polish operations.
Capital assigned to these instruments is usually channeled in liquidity pools or comparable structured frameworks, which function as the backbone for producing returns through strategic protocols – including the installation of digital assets such as ETH, decentralized loans or deploying capital about various financial vehicles. According to the statistics collected by Defillama.com, the top five Polish $ 8,699 billion from March 6, 2025.
Sky’s USDS leads the rankings in total value locked (TVL) to $ 3,254 billion. According to Defillama.com, the USDS pool currently supplies an annual percentage yield of 6.50% (APY). Ethena’s Susde Pool, who offers a superior yield of 10.73% APY, secures $ 2.996 billion in capital closed. In the meantime, the Tether (USDT) Pool maintains a TVL of $ 1.317 billion on Aave version 3 and offers users an APY of 3.48%.
Top five stablecoin -pools on March 6, 2025, by TVL with their corresponding annual percentage yields (APY).
Likewise, the USDC pool on Aave V3 yields 3.25% APY, coupled with a TVL of $ 1,211 billion. Using Sky’s infrastructure (formerly Makerdao), the DAI -Pool supplies an APY of 4.75%, supported by $ 1,132 billion in companies. Remarkable additions to this cohort include USD0 ++ from USual at 11.56% APY, the SPDAI -Pool on Morpho Blue at 8.58% APY and USDS via Spark at 7.17% APY.
The allocation of capital to these Polish provides various benefits, including consistent yield generation, liquidity for seamless repayments and accessible access points for risky investors. Moreover, they facilitate portfolio diversification and involvement in decentralized protocols without making hands necessary.
Although revenue-bearing stablecoin-pools present seductive return perspectives, they are accompanied by meaningful risks. Participants must navigate potential dangers such as smart contract vulnerabilities, temporary valuation abnormalities, embezzlement of assets and Stabilein -resigning events.
The worsening of these concerns are regulatory ambiguities and fraudulent regulations within Decentralized Finance (Defi), which increase exposure to financial instability. Careful research and cautious strategy are necessary to reduce losses in this dynamic and emerging ecosystem.
