Ledger users can earn up to 9.9% APY with the new integration
The French hardware cryptocurrency wallet Maker Ledger announced the launch of a function with which users can generate income from stablecoins directly from self -storage mode. Innovation is in collaboration with the Defi -Platform Kiln, one of the leading crypto platforms for earning passive income.
The new function gives owners of the ledger device the opportunity to earn passive income, ranging from 5% to 9.9% on USDC, USDT, USDS and DAI Stablecoins via various Defi -credit protocols, including Aave, Compound, Morpho, Sky and Spark. In addition, users retain full control over their assets.
Now, instead of connecting the ledger-hardware portion of third-party web3 portfolios and multiple decentralized applications, Kiln is removing that complexity and increases the protection by offering access to Defi’s returns directly within the corresponding live app of the accompanying ledops and mobile devices, which are both desktops and mobile devices.
Related: 5 best hardware -portfolios for Defi in 2025
Ledger claims that integration opens access to Defi yield in a more user-friendly manner, including clear transaction signs, a method in which the signed content of blockchain transactions is presented in a human-readable form and is easy to verify. Users simply enter the amount they want to deposit and select the protocol with the desired annual percentage yield from a drop -down list. However, the assessment is that users receive a slightly lower yield than when they have direct access to the protocols.
“Ledger is a pioneer in generating yield with prioritized security in the Defi room,” the company said in a statement.
“More and more users enter the world of cryptocurrencies, and we are dedicated to make digital assets accessible without being dependent on an uncertain browser -based portfolios or an abundance of decentralized applications. With Ledger Live and Kiln, people now have transparent and simple solutions for rewards.
Ledger states that, despite the fact that Stablecoins are one of the most used assets in the cryptocurrency world, only 4% of their holders are currently achieving return on their USDC and USDT. “This integration opens the profitability of Stablecoins for users and offers complete autonomy about digital assets, in contrast to centralized trade fairs that take over control and limit returns to decentralized application browsers,” the company said in a statement.
Ledger celebrated its 10th birthday in 2024 and claims that his devices secure more than 20 percent of the Crypto activa in the world, which has sold more than 7.5 million hardware -Crypto wallet to customers in 210 countries.
Kiln manages more than $ 11 billion in cryptocurrencies and uses approximately 4.5% of the total assets of Ethereum and 2.6% of Solana.
Hardware portfolios manufactured by ledger are generally considered as the safest and reliable way to save Bitcoin and other crypto assets. As long as the storage of the seed sense is treated carefully, there is no way that every malicious actor or software can jeopardize the safety of your crypto.
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