Lido launches stablecoin yield product to expand beyond ether

The goal is to make it easier for users to earn returns on crypto without having to choose or manage strategies themselves. What to know : Lido has launched a new stablecoin yield product, EarnUSD, allowing users to deposit USDC and USDT into a pooled vault that automatically allocates funds across different DeFi strategies to generate returns. The launch expands Lido beyond its traditional ether-focused offerings, introducing two simplified yield vaults—EarnUSD for stablecoins and EarnETH for ether-based assets—designed to make earning crypto yield more hands-off for users.(Coindesk)