**[Stable Launches StableEarn, Officially Enters the Asset Management Sector]** BlockBeats News, May 26 — USDT blockchain Stable, which focuses on stablecoin payments, launched StableEarn on May 26, officially entering the asset management sector. Its first vault has gone live on Morpho. Stable stated that the product is targeted at neobanks, fintech companies, payment processors, and individual users. The first vault is designed and managed by crypto risk management company Gauntlet, responsible for allocating deposited assets to the Morpho lending market, managing fund limits, and redistributing assets. The vault is underpinned by the institutional-grade real-world asset yield platform Theo, with specific strategies including: - **thBILL**, offering tokenized exposure to U.S. Treasury bills, - **thGOLD**, an interest-bearing gold token backed by loans to jewelers, and - **thUSD**, an interest-bearing stablecoin built on gold derivatives. This launch marks Stable's entry into the market segment where Gauntlet vaults already provide stablecoin yield management. Meanwhile, U.S. policymakers are debating how interest-bearing stablecoin products should be incorporated into regulatory frameworks. [Original Link]