Stablecoins are cryptocurrencies pegged to the dollar that let you earn yields without exposure to crypto price volatility. APYData compares the best APY on USDC, USDT, USDS and other stablecoins, in both DeFi protocols (Aave, Morpho, Fluid, Sky) and CeFi platforms (Binance, Maple Finance, Euler). An ideal product for generating dollar-denominated returns.
| # | Entity | Product | APY | Score | Risk | Liquidity | View |
|---|---|---|---|---|---|---|---|
| 1 |
Aave
|
Aave v3 Supply USDC | 12.63% | 6.0 | Medium | Instant | View → |
| 2 |
Morpho
|
Superstate PYUSD Main (Ethereum) | 5.77% | 3.5 | High | Instant | View → |
| 3 |
Maple Finance
|
Maple USDC Lending | 5.08% | 3.4 | Medium | Varies | View → |
| 4 |
Fluid
|
Fluid — USDC Supply (Ethereum) | 5.07% | 4.4 | Medium | Instant | View → |
| 5 |
Binance
|
Binance USDC Savings Flexible | 5.00% | 5.6 | Low | Instant | View → |
| 6 |
Maple Finance
|
Maple USDT Lending | 4.90% | 3.3 | Medium | Varies | View → |
| 7 |
Jupiter
|
Jupiter Lend USDC | 4.69% | 4.3 | Medium | Instant | View → |
| 8 |
Fluid
|
Fluid — USDT Supply (Ethereum) | 4.33% | 4.2 | Medium | Instant | View → |
| 9 |
Morpho
|
Gauntlet USDC Prime (Base) | 4.26% | 3.2 | High | Instant | View → |
| 10 |
Spark
|
SparkLend Supply USDS | 4.08% | 4.1 | Medium | Instant | View → |
| 11 |
Morpho
|
Morpho Steakhouse USDC (Base) | 4.04% | 4.1 | Medium | Instant | View → |
| 12 |
Binance
|
Binance USDT Savings Flexible | 4.00% | 5.4 | Low | Instant | View → |
| 13 |
Moonwell
|
Moonwell — USDC Supply (Base) | 4.00% | 4.1 | Medium | Instant | View → |
| 14 |
Morpho
|
Steakhouse USDT (Ethereum) | 3.98% | 3.1 | High | Instant | View → |
| 15 |
Euler
|
Euler v2 PYUSD Lending (Ethereum) | 3.89% | 3.1 | High | Instant | View → |
| 16 |
Compound
|
Compound V3 — USDC (Ethereum) | 3.70% | 5.3 | Low | Instant | View → |
| 17 |
Aave
|
Aave V3 — USDC Supply (Base) | 3.69% | 5.3 | Low | Instant | View → |
| 18 |
Ondo Finance
|
Ondo USDY (Tokenized Treasuries) | 3.56% | 4.3 | Low | Varies | View → |
| 19 |
Sky
|
Sky Savings sUSDS | 3.52% | 4.0 | Medium | Instant | View → |
| 20 |
Spark
|
Spark Savings USDC | 3.52% | 4.0 | Medium | Instant | View → |
Stablecoins are cryptocurrencies pegged to the US dollar. The most widely used — USDC, USDT and USDS — combine dollar stability with the ability to earn yield on DeFi protocols or CeFi platforms.
Yields come from real loan demand: traders and protocols that need stablecoin liquidity pay interest to depositors. Unlike tokens with artificially high APYs, stablecoin yields are backed by real market demand.
DeFi (Aave, Morpho, Fluid, Euler): you control your assets via your own wallet. Higher APY and no centralised counterparty risk, but requires technical knowledge.
CeFi (Binance, Maple Finance): the platform holds your assets. Simpler interface, more accessible for beginners.
The best European bank deposits offer up to 3.5% APY with DGS guarantee (up to €100,000). Stablecoins offer between 3.75% and 6.7%, but without deposit guarantee. The yield difference compensates for the additional risk.
APYData aggregates rates and yields from official sources: the European Central Bank, national treasuries (bonds & T-bills), the Spanish Deposit Guarantee Fund (FGD) and banks’ official rates. Figures are updated automatically. (how it works · about us)
· Published by APYData
Cite this page: “Best Stablecoin Yields 2026 2026”, APYData — https://apydata.com/en/best-stablecoin-yields