Base Launches Stablecoin Yield and Crypto-Collateralized Lending Solutions for Platforms

PANews, October 14 - According to Base's official website and official X account, Ethereum L2 network Base has launched the Earn & Borrow solution, providing an end-to-end technology stack for platforms to offer floating-rate stablecoin yields and crypto-asset-collateralized loans to eligible users based on Base infrastructure and third-party lending markets. User yields from deposits of stablecoins such as USDC primarily derive from overcollateralized loan interest paid by borrowers, and can integrate with lending protocols such as Morpho and Aave. According to the official website, the average yield on USD stablecoins in Base's lending market is 4.45% (excluding incentives).