Lido expands to stablecoins
Lido's EarnUSD is expanding its reach to stablecoins, tapping into approximately 50% of Ethereum's DeFi activity [https://x.com/ShaytanMashina/status/2032125670453887322]. What other DeFi protocols are integrated with Lido?
Lido's EarnUSD vault accepts deposits of USDC and USDT, automatically allocating them across DeFi strategies on Ethereum. This marks Lido's first product specifically for stablecoin holders. Users receive earnUSD tokens representing their share, with returns compounding over time. The EarnUSD vault spreads deposits across lending markets, real-world asset exposure, and structured products. Lido DAO is deploying $5 million from its treasury into the new vaults and has committed to covering any losses. This launch follows Lido's rollout of its stVaults staking primitive earlier in 2026, which enables third parties to build customizable staking setups. Lido's Earn platform now revolves around two vaults: EarnETH for ether-based assets, and EarnUSD for stablecoins. The EarnETH vault accepts ETH, WETH, and Lido's stETH, allocating them across protocols like Aave, Uniswap, and Morpho. These new vaults replace the Golden Goose Vault, DVV, and stRATEGY, which attracted nearly $250 million in deposits since September 2025.
