TLDR: Every stablecoin sitting idle is a missed yield opportunity. Morpho is coming to Stable to power lending in its ecosystem, including Stable Pay’s Earn feature. Stable aims to bring every dollar onchain, and Morpho will make every dollar productive.

Stable Pay waitlist is now live.

Stable aims to shift where USDT resides and bring it on to the first stablechain, and Morpho helps ensure that the world’s most used stablecoin never sits idle. By embedding Morpho’s lending network into the Stable ecosystem, including Stable Pay’s Earn experience, balances that would otherwise be idle become sources of sustainable yield,without compromising instant availability.

For institutions, as stablecoins become the primary payment rail, billions of dollars in idle payment liquidity represent an opportunity cost in the millions for institutional treasuries.

For users beyond major Western financial markets where stablecoins already underpin day-to-day saving and transacting, the collaboration elevates the baseline expectation for what a stablecoin should do. From Argentina to Turkey to Southeast Asia, stablecoins are no longer just for payments; they accrue yield by default.

Money doesn’t just move—it works.

Stable was designed for institutions, featuring the privacy features, throughput, and operational tooling required by large payment flows, and is backed by institutional leaders such as PayPal.

Morpho matches that bar with an institution-grade lending network already trusted by fintechs, banks, and blockchains at scale, including Coinbase, Société Générale, and World.

Together, Stable and Morpho will create a new stablecoin economy: an institution-ready payments foundation paired with transparent, sustainable yield. This collaboration transforms what has long been fragmented across multiple venues and providers into a single, fully auditable system that meets institutional compliance requirements.

Stable’s digital payment app, Stable Pay, will integrate Morpho as its lending infrastructure to power its Earn feature. Users can access sustainable yield from global borrowing demand in just a few taps.

With Stable and Morpho, the historical gap between payments and yield disappears. Checking and savings on Stable are only a few taps apart. Stable attracts liquidity through payment flows; Morpho powers yield when that liquidity is not in flight and connects balances to the best available opportunities globally.

The experience is simple. Funds remain instantly available for settlement whenever needed, and they are productively deployed when not, enabling any institution or retail user to operate a single, unified account: spend it, send it, earn with it.

Morpho is the preferred lending partner for Stable.

This collaboration shifts yield from an optional afterthought to a native feature of the network. On Stable, with Morpho as the preferred lending layer, every idle balance can access sustainable yield by default—while remaining noncustodial and fully transparent onchain.

With Morpho powering lending from day one, Stable will be one of the most capital-efficient payment networks for both institutional and retail users.