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Bitget Wallet Adds Aave Integration for Multi-Chain Stablecoin Staking

Bitget Wallet Adds Aave Integration for Multi-Chain Stablecoin Staking WikiBit 2025-02-22 17:03

Bitget Wallet has integrated decentralized lending protocol Aave to allow users to stake USDT and US

Bitget Wallet has integrated decentralized lending protocol Aave to allow users to stake USDT and USDC across five blockchain networks while retaining self-custody of assets.

Aave Integration Enables Cross-Chain Stablecoin Staking on Bitget Wallet

Bitget Wallet has integrated decentralized lending protocol Aave to allow users to stake USDT and USDC across five blockchain networks while retaining self-custody of assets.

Bitget Wallet now supports staking of USDT and USDC on Ethereum, Base, Polygon, Arbitrum, and Optimism through Aave, enabling users to earn real-time yields without locking funds. According to the announcement shared with Bitcoin.com News, the integration sources annual percentage yields (APYs) directly from onchain data, displayed via a dashboard for tracking earnings and withdrawals.

A limited-time promotion offers participants a share of $7,000 in BGB tokens for staking at least $10 in USDT or USDC between Feb. 18 and March 4 (UTC+8). Bitget explained that the event aims to attract new users to decentralized finance (DeFi) staking. The wallets security protocols include a $600 million Protection Fund and audited smart contracts.

Bitget stressed that users maintain full control of staked assets, aligning with Bitget Wallets non-custodial model. Bitget Wallet also supports staking for Ethereum, Solana, and TON, among other networks, as part of its broader multi-chain services. The Aave integration eliminates complexities like manual liquidity management, according to the company.

“Our goal is to make DeFi accessible, secure, and rewarding while empowering users with full ownership of their funds,” Alvin Kan, COO of Bitget Wallet told our newsdesk. “By expanding staking options and integrating with Aave, were offering a decentralized financial experience that caters to both new and experienced users.”

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