Base launches Earn & Borrow for stablecoin yield and crypto-backed loans
- —Base rolled out Earn & Borrow, a stack for platforms built on Base infrastructure
- —USDC yield is generated from borrower interest via Morpho and Aave
- —Average stablecoin yield on Base lending market is 4.45% excluding incentives
Why it matters: Base is expanding from an L2 into embedded financial products, intensifying competition for stablecoin liquidity across networks.
Source: PANews