Overview
MetaMask is the world's leading self-custodial wallet, serving over 100 million users globally since 2016. As part of Consensys, the leading Ethereum software company founded by Ethereum co-founder Joseph Lubin, MetaMask operates as the primary gateway for millions to access Web3 and decentralized finance.
As part of its strategy to make DeFi more accessible to everyday users, MetaMask selected Aave as its DeFi lending partner to power Stablecoin Earn, a feature that lets users earn yield directly inside their wallet. By integrating Aave's decentralized lending infrastructure, MetaMask gives users simple access to institutional-grade DeFi earning opportunities. This partnership represents a shift toward making DeFi yield more accessible to everyday users.
“We chose Aave for MetaMask Earn because of its DeFi leadership, strong governance, and trusted security*,” Igor Tesla, MetaMask Institutional. “*Integrating Aave directly into MetaMask Earn gives users seamless access to stablecoin yield, without ever leaving their wallet.”
Direct Stablecoin Yield in Wallet
Why Aave:
MetaMask chose Aave to power stablecoin yield for USDC, USDT, and DAI directly within the wallet interface. Aave's trusted infrastructure, deep liquidity, and proven track record with over $55 billion in net deposits made it the ideal partner for bringing DeFi yield to millions of users who want simple access to stablecoin yield.
How it works:
Users can deposit their stablecoins directly through the MetaMask interface and earn yield powered by Aave's lending markets. The integration eliminates the need for users to navigate complex DeFi protocols directly, while still providing access to the same earning opportunities that sophisticated users access through Aave's native interface.
Yield-Bearing Spending with MetaMask Card
Why Aave:
MetaMask integrated Aave's yield-bearing aUSDC with its MetaMask Card, allowing users to spend their earning assets in real-world transactions while continuing to earn yield until the moment of purchase. Aave's aTokens provide the technical foundation that makes this continuous earning possible.
How it works:
Users hold aUSDC (Aave's interest-bearing version of USDC) in their MetaMask wallet and can spend it directly through the MetaMask Card for everyday purchases. The yield continues to accrue on their balance right up until the transaction is processed, letting users better retain purchasing power on their spending money.
Why Aave?
MetaMask integrates Aave to provide its 100 million users with DeFi yield while maintaining the security and reliability expected by mainstream users.
Aave provides:
- 24/7 access to stablecoin yield on USDC, USDT, and DAI
- Institutional-grade security with over $55 billion in proven track record
- Deep liquidity pools that can support millions of users
- Granular risk management tools and safety features
- Easy integration capabilities for consumer-facing applications
- Native support for yield-bearing tokens that can be used with innovative products like spending cards
All without sacrificing the decentralized, permissionless benefits that make DeFi superior to traditional finance.