BlockBeats News, May 26th: USDT Blockchain Stablecoin focused news. On May 26th, the Stable blockchain launched StableEarn, officially entering the asset management field with a focus on stablecoin payments. Its first treasury is already live on Morpho. Stable stated that this product is targeting new banks, fintech companies, payment processors, and individual users.

The first treasury is planned and managed by the crypto risk management firm Gauntlet. It is responsible for allocating deposited assets to the Morpho lending market, managing fund caps, and reallocation. The treasury is supported by the institutional-grade real-world asset yield platform Theo, with specific strategies including: providing exposure to tokenized US Treasury Bonds through thBILL, interest-bearing gold tokens backed by loans to jewelers through thGOLD, and an interest-bearing stablecoin thUSD built on gold derivatives.

This launch has brought Stable into the market domain where Gauntlet's treasury has already been providing stablecoin yield management. Meanwhile, US policymakers are debating how interest-bearing stablecoin products should be incorporated into the regulatory framework.