Ledger Wallet integrates DeFi stablecoin yield opportunities

# Ledger Launches DeFi Stablecoin Yield Capabilities in Ledger Live Ledger, a leading hardware wallet provider, has recently integrated DeFi stablecoin yield functionalities into its Ledger Live wallet interface, as reported by The Defiant on the 30th. With this new integration, users can now earn annual percentage yields (APYs) from 5% up to 9.9% on stablecoins such as TetherUS (USDT), USD Coin (USDC), USD Stablecoin (USDS), and Dai (DAI). This feature is powered by Kiln Finance, a rewards management platform linked with leading DeFi protocols like Aave, Compound, Morpho, and Spark. # Enhancing Security for DeFi Users with Ledger Live The new functionality provides a valuable option for users who prefer self-custody of their assets while relying on the robust security of DeFi ecosystems. Through Ledger Live, users can securely connect to Kiln, offering a safer alternative to browser-based external accounts (EOAs). Ledger aims to outperform the typical 2% to 5% yield rates offered by centralized exchanges (CEXs) and ensure permissionless access to higher returns. # Potential Risks of DeFi Integration Despite the secure storage of assets in Ledger wallets, users engaging in DeFi yield opportunities through Ledger Earn remain vulnerable to risks associated with the connected protocols. If any of the integrated DeFi platforms suffer a hack, losses may occur, highlighting the importance of exercising caution when utilizing these services.