CoinShares brings stablecoin yield to Safe wallets

CoinShares has outlined an integration with Safe Labs and Railnet to offer stablecoin yield strategies through Safe’s Earn widget while keeping users’ investment positions in self-custody, according to a press release dated Oct. 14. CoinShares will design the stablecoin strategies and oversee their risk selection without holding users’ assets. Safe users will access the strategies through the Earn widget and can request withdrawals at any time. Railnet will supply the vault infrastructure connecting CoinShares’ strategies with the Safe wallet interface. The release lists jurisdiction and eligibility limits, including an exclusion for US persons, and warns yields vary.