US Trade Policy and Market Turmoil: Opportunities for Stablecoin Yield Products

Recently, the global financial market has experienced severe turbulence. The introduction of a new round of tariff policies has sparked widespread concern, leading to significant damage to the S&P 500 index and substantial fluctuations in Bitcoin prices. In this uncertain environment, investors are seeking relatively stable investment options. This article will introduce four yield products based on stablecoins that may provide a temporary safe haven for investors.

It is worth noting that this article is for reference only and does not constitute investment advice. Investors should make judgments based on their own situation and risk tolerance.

Spark Saving USDC (Ethereum)

Investors can connect their wallets through the official website of a certain DeFi platform and select the Savings USDC product to deposit USDC.

The product's returns come from the Sky savings interest rate ( SSR ), which includes income from cryptocurrency mortgage loan fees, U.S. Treasury investments, and income generated from providing liquidity to other platforms. USDC is exchanged for USDS at a 1:1 ratio through Sky PSM and deposited into the SSR vault to earn returns, while the value of sUSDC tokens increases as returns accumulate.

Risk assessment: Low. USDC has high stability, and multiple audits reduce smart contract risks. However, attention should be paid to the potential impact of market fluctuations on liquidity.

Berachain BYUSD|HONEY (Berachain)

Investors can visit the Berachain official website, enter BeraHub, connect a compatible wallet, select the BYUSD/HONEY pool on the Pools page, and deposit BYUSD and HONEY to provide liquidity. Users receive LP tokens, which can be staked in the reward vault to earn BGT.

The income mainly comes from BGT rewards ( 3.41% APR ) and trading fees within the pool ( 0.01% APR ). BGT is the non-transferable governance token of Berachain and can be burned 1:1 for BERA, sharing the fee revenue of core dApps. The BYUSD/HONEY pool has lower price volatility risk due to the characteristics of stablecoin pairs.

Risk Assessment: Low to Moderate. BYUSD and HONEY are stablecoins with stable prices; the risk of smart contracts is relatively low. However, BGT rewards may fluctuate due to emission adjustments.

Uniswap V4 USDC-USDT0

Investors can connect their wallets through a certain DeFi investment aggregation platform to deposit USDC or USDT into related products, providing liquidity for a certain DEX.

Source of income: token incentives.

Risk Assessment: Low to Moderate. The USDC/USDT pool is a stablecoin pair, with lower price volatility risk, but be aware of smart contract risks and potential decline in returns after the incentive period ends.

Echelon Market USDC (Aptos)

Investors can visit the Echelon Market official website, connect an Aptos-compatible wallet, select the USDC pool on the Markets page, and deposit USDC to participate in the supply. Users receive supply vouchers, and earnings accumulate in real time.

The earnings include USDC supply interest ( 5.35% ) and thAPT rewards from a certain protocol ( 3.66% ). thAPT is a deposit certificate of a certain protocol, minted and exchanged at a 1:1 ratio for APT, with a 0.15% fee charged upon redemption.

Risk Assessment: Low to Medium. USDC has high stability, but attention should be paid to the smart contract risks in the Aptos ecosystem and the impact of thAPT redemption fees on returns. Instant withdrawal provides high liquidity, but market volatility may affect the value of thAPT rewards.

Summary

| Product | Chain | APY | TVL | |------|----|----|-----| | Spark Saving USDC | Ethereum | 5.32% | $178.93M | | Berachain BYUSD|HONEY | Berachain | 3.42% | $36.52M | | Uniswap V4 USDC-USDT0 | Uniswap V4 | 5.56% | $16.14M | | Echelon Market USDC | Aptos | 9.01% | $1.07M |