Trezor Expands DeFi Access with Yield Products

Trezor, a prominent hardware wallet provider, has expanded its services by incorporating yield products for USDT (Tether) and USDC (USD Coin) within its Trezor Suite. The feature leverages the Morpho lending protocol on the Ethereum network.

This integration enables users to deposit stablecoins directly from their wallet app without needing to switch to separate DeFi services or connect third-party wallets. The primary goal is to make DeFi more accessible and less intimidating for average users.

The yield products, USDC Prime and USDT Prime, are managed by Steakhouse Financial within the Morpho protocol. They operate based on borrowing liquidity from users, who then receive compensation for its use.