Stable accounts are stablecoin wallets. Only you have access to your wallet using your Passkey, and you can withdraw your funds to a bank or wallet at any time. Stable makes it seamless to manage your stablecoin wallet by covering all network and transaction fees.
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Stable allows you to earn high yield by supporting your ability to deposit your funds on Aave. Aave is the largest decentralized lending platform that enables users to lend and borrow stablecoins without the need for intermediaries like banks.

Stable uses USDC - a stablecoin that is 1:1 backed by US dollars issued by Coinbase and Circle (both US-based regulated financial institutions). There is nearly $35B of USDC in circulation and it is used by financial institutions around the world including Blackrock, Fidelity, and more. You can learn more about USDC here.

Decentralized Lending Platforms
‍Stable allows you to earn high yield by supporting your ability to deposit your funds on Aave. Aave is the largest decentralized lending platform that enables users to lend or borrow stablecoins on blockchain networks without the need for intermediaries like banks. Over $18B of assets are currently deposited on Aave, and it is trusted by leading institutions around the world including JPMorgan Chase, the Monetary Authority of Singapore, and the Central Bank of Brazil.

‍Variable Interest Rates
‍Loans on Aave earn interest on your deposit at rates often higher than traditional savings accounts. Interest rates on Aave are variable, meaning the rates constantly change based on supply and demand of borrowing and lending activity. There are no minimum deposit amounts and you may withdraw your funds from the platform at any time.

‍Over-Collateralized Loans
‍Loans on Aave are over-collateralized, which means that the borrowers must deposit collateral worth more than the amount they want to borrow. For example - for a loan of $100 the borrower must deposit $125 (or frequently even more) worth of assets to the platform as collateral. Only approved assets Aave determines have sufficient liquidity and stability can be used as collateral - including Bitcoin, Ethereum, and Stablecoins.
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This over-collateralization is important because it protects lenders from default risk. If the borrower does not repay the loan, the collateral is used to pay back the lender. Similarly, if the value of the collateral drops below a certain threshold, the borrower’s collateral is automatically sold by the platform to repay the loan, ensuring Stable user’s funds are not impacted.

No. Stable is a financial technology company that allows users to directly access financial services and decentralized technologies. We work with regulated financial institutions such as Bridge to provide certain services such as cash to USDC exchange services.

Stable allows you to earn high yield by supporting your ability to deposit your funds on Aave. Aave is the largest decentralized lending platform that enables users to lend or borrow stablecoins on blockchain networks without the need for intermediaries like banks.

Each market in the Stable app is a different blockchain network that Aave uses to facilitate borrowing and lending. Markets can have different interest rates from each other based on the respective supply and demand activity on each network. Stable allows you to easily switch between markets to ensure you’re always capturing the highest possible interest rate.