On April 16, 2026, crypto infrastructure firm Fireblocks launched its “Earn” feature for institutions. The product allows clients to deploy idle stablecoin balances into on-chain lending strategies via integrations with Aave and Morpho. This launch follows a reported $6 trillion in stablecoin volume processed by Fireblocks in 2025, a 300% annual increase across 2,400 clients, as institutional demand for on-chain exposure grows.
Fireblocks launched a stablecoin-focused product enabling institutions to deploy idle balances into on-chain lending strategies via Aave and Morpho integrations. The feature, now in Early Access, addresses rising institutional demand for efficient capital deployment solutions.
The company stated Earn allows clients to route stablecoin holdings into curated lending strategies within its platform. This includes access to a Sentora-managed vault on Morpho and direct connectivity to Aave’s stablecoin markets.
The firm processed $6 trillion in stablecoin transfer volume during 2025, a 300% increase over the prior year. This volume encompassed more than 2,400 institutional clients on its network.
DeFiLlama data show Aave leads decentralized lending with $26.02 billion in total value locked, followed by Morpho at $7.68 billion. The product aims to solve capital inefficiencies during short operational gaps, according to CEO Michael Shaulov.
Fireblocks noted that lending is seen by institutions as a first step towards greater on-chain exposure. The company did not specify fixed yield targets for Earn, stating returns are contingent on protocol conditions.
The firm has recently expanded its services beyond lending. In October 2025, its trust division partnered with Galaxy and Bakkt for a New York-compliant custody framework.
Fireblocks also acquired the crypto accounting platform TRES for $130 million in January 2026. This move supports institutional tax reporting and compliance requirements.
