USDT-focused blockchain for stablecoin payments, launched StableEarn on May 26, expanding into treasury management with an initial vault on Morpho.

Stable said the product targets neobanks, fintech companies, payment processors, and individual users. The first vault is live on Morpho and curated by Gauntlet, a crypto risk management firm, which allocates deposited assets across Morpho lending markets and manages caps and reallocations.