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According to a report by The Block on April 28, the encrypted hardware wallet Ledger announced a collaboration with the DeFi infrastructure platform Kiln to launch a new feature that directly generates stablecoin yields from self-hosted wallets. Users can earn an annual return rate of 5% to 9.9% on USDC, USDT, USDS, and DAI through the Ledger Live app, with funds flowing to various DeFi lending protocols such as Aave and Compound. This feature simplifies the process of obtaining DeFi yields without requiring users to connect to third-party Web3 wallets or operate multiple decentralized applications.

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