Fireblocks Launches Earn to Monetize Idle Stablecoin Balances via Onchain Lending

New updates have been reported about Fireblocks.

Fireblocks has introduced Earn, an embedded onchain lending feature that allows institutional clients to deploy idle stablecoin balances directly from within the Fireblocks platform into leading DeFi lending protocols. The new product integrates Morpho’s institutional lending network, including curated strategies from Sentora, and provides direct access to Aave’s stablecoin markets, while applying Fireblocks’ existing security, governance, and workflow controls to these activities.

The move targets the large pool of inactive capital on the platform: Fireblocks handled $6 trillion in stablecoin transfer volume in 2025, up 300% year over year across more than 2,400 institutional customers, much of which sits idle between deployment cycles and settlement windows. By routing this capital into onchain lending through Earn, Fireblocks positions clients to generate incremental revenue while keeping operations within their existing custody, policy, and transaction-signing frameworks.

CEO and Co-Founder Michael Shaulov framed the launch as an effort to unlock continuous, onchain yield opportunities for institutions without forcing them to adopt new infrastructure or processes. Every institution on Fireblocks can now access lending strategies curated by established players from within the same environment they already use for digital asset operations, effectively adding a new potential revenue line tied to stablecoin balances.

At launch, Earn offers a Sentora-managed vault powered by Morpho and direct connectivity to Aave’s stablecoin lending markets, a major venue for borrowing activity in DeFi. Aave founder Stani Kulechov highlighted that the integration gives institutions access to deep, transparent liquidity from within a familiar institutional platform, while Morpho co-founder Paul Frambot emphasized that their curator model is designed to provide the managed, accountable access required by professional capital allocators.

Earn will be available across all Fireblocks solutions, enabling corporate treasuries to access onchain lending without standing up separate DeFi infrastructure and allowing fintechs and builders on Fireblocks to embed these capabilities into their own products. The feature is currently in Early Access for Fireblocks customers, with the company stressing that DeFi protocols remain third-party applications and that yields are variable, not guaranteed, and subject to smart contract, liquidity, and market risks, while Fireblocks itself does not custody assets engaged in DeFi lending or control protocol operations.