Figment, OpenTrade and Crypto.com Offer 15% Stablecoin Yield Product for Institutions

Figment, OpenTrade, and Crypto.com are launching a stablecoin yield product aimed at institutional investors seeking returns without direct exposure to cryptocurrencies. This product is designed to generate approximately 15% annual returns by staking Solana (SOL) and utilizing perpetual futures to mitigate price volatility. The assets are held in custodial accounts by Crypto.com to ensure compliance and reduce counterparty risk. Unlike traditional decentralized finance (DeFi) models, this structure allows institutions to earn yields while interacting only with established entities in a legally compliant framework. Investors can deposit stablecoins and receive interest from the moment of deposit, with withdrawals permitted at any time. This offering appeals to institutions prioritizing predictable and controlled yield strategies, distinguishing itself from typical DeFi offerings that may carry greater risk and less transparency.

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