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Robinhood Opens USDG Lending Feature to All Eligible U.S. Users

Users deposit USDG into a Morpho vault on Robinhood Chain; withdrawals depend on available vault liquidity.

Plain metal discs sit in a glass tray beside an open steel vault / TokenPost.ai
Plain metal discs sit in a glass tray beside an open steel vault / TokenPost.ai

Robinhood has opened its Earn lending feature to all eligible U.S. users, widening access to a product that accepts USDG deposits and pays lending interest plus rewards.

Deposits go into a Morpho vault on Robinhood Chain, curated by Steakhouse. Morpho rewards supplement the interest earned through lending.

Withdrawals depend on liquidity available in the vault.

By Aug. 31, Robinhood Earn deposits on Robinhood Chain had reached $456 million.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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