Robinhood Opens Earn to All Eligible Users for Onchain USDG Lending
Robinhood has opened its Earn product to all eligible users, letting them lend the onchain stablecoin USDG. Deposits are routed to a Steakhouse-curated Morpho vault on Robinhood Chain, where rewards supplement lending interest. Withdrawals depend on vault liquidity, a risk traders should weigh, but broader retail access to onchain stablecoin yield is a positive for DeFi adoption.