Fireblocks has launched Earn, a new feature designed to help institutional clients generate yield on stablecoin holdings through onchain lending strategies. The company said the product offers direct access to solutions built on Aave and Morpho, allowing institutions to put idle stablecoin balances to work between settlement windows.
Early access for institutional treasury management
The feature is currently available in Early Access for Fireblocks customers. The product is aimed at institutions seeking to improve capital efficiency by deploying stablecoins that would otherwise remain unused for short periods during operational and settlement cycles.
Fireblocks did not disclose a target yield for the service. Instead, it said returns will be variable and depend on conditions within the underlying protocols. That means performance will be shaped by market demand, lending activity, and protocol-level dynamics rather than a fixed-rate structure.
Rising stablecoin volumes support the launch
The rollout comes as Fireblocks reported strong growth in stablecoin activity. According to the company, it processed $6 trillion in stablecoin transfers in 2025, representing a 300% increase from the previous year. The figures suggest rising institutional use of stablecoins for settlement and treasury operations.
With institutions looking for more efficient ways to manage digital cash positions, Fireblocks is joining a broader group of platforms expanding into institutional stablecoin lending. The company now stands alongside offerings such as Aave Horizon and Coinbase Prime in the race to provide yield-generating tools for professional market participants.