Base Launches Stablecoin Yield and Crypto Collateralized Lending Solution Earn & Borrow

Foresight News reports that Ethereum L2 network Base has announced the launch of the Earn & Borrow solution, providing an end-to-end tech stack for the platform. This enables it to offer eligible users floating-rate stablecoin yields and crypto asset collateralized loans based on Base infrastructure and third-party lending markets. The yield from stablecoins like USDC deposited by users primarily comes from the interest paid by borrowers on over-collateralized loans, with access to lending protocols such as Morpho and Aave. According to the official website, the average yield for USD stablecoins in the Base lending market is 4.45% (excluding incentives).