SafePal integrates Morpho-powered stablecoin yield to supercharge its DeFi Super Hub vision

For years, the self-custody promise has been clear: users hold their keys and opt into onchain markets on their own terms. But in practice, one of the biggest frictions for mainstream users has been putting their assets to work safely without turning into a full-time DeFi operator.

SafePal’s own product direction has been to narrow that gap. In 2024, SafePal transitioned from a noncustodial wallet suite into a CeFi and DeFi hub, driven by the reality that accessibility and user experience matter, especially as the user base grows. The stablecoin use case sits directly in the middle of that shift: users want to keep funds in self-custody, but also want a clear path to yield that does not require manual wallet juggling, protocol selection, and constant monitoring.

This created a straightforward product question for SafePal. If the app is becoming a gateway to onchain activity, stablecoin earn is one of the highest-frequency reasons users open it. The challenge is delivering that experience in a way that is transparent onchain, fully noncustodial, yet still feels like a native wallet feature.

In January 2026, SafePal introduced a native Morpho integration inside the SafePal Earn yield aggregator. Users can deposit stablecoins into Morpho Vaults directly within the SafePal app, with support for USDT and USDC on Ethereum, and USDC on Base and Arbitrum.  The onboarding is designed to feel like a standard in-app flow: open the Earn tab, select preferred Morpho Vault, and deposit.

Under the hood, this plugs SafePal hardware and mobile wallet users seamlessly into Morpho’s lending network. Yield is driven by borrower demand on Morpho, including demand from large-scale embedded borrowing products such as the Coinbase Crypto-backed Loans, and the vaults surfaced to users are curated by established asset curators, such as Steakhouse Financial and Gauntlet.

The integration is explicitly noncustodial. Deposits and withdrawals are executed onchain, and users can redeem at any time, subject to onchain conditions and network fees. SafePal also abstracts the experience from DeFi jargon, showing users only the vault’s rates to simplify the UX.

For SafePal, the stablecoin earn feature aligns with its broader shift toward being a DeFi hub, not just a storage companion. The Morpho Vault earn flow turns a common wallet behavior, holding stablecoins in self-custody, into a simple onchain action integrated into the rest of the SafePal app experience.

For SafePal users, the key improvement is access. By integrating Morpho, SafePal users are connected to a universal lending network that aggregates borrowing demand across multiple channels, including other large distributors that embed Morpho into their products. Rather than SafePal needing to bootstrap a standalone yield venue, the integration connects users to an existing global market.