Bankless · Monday, July 6, 2026
Robinhood is offering a 7% yield on USDG stablecoin deposits within its main application, facilitated by an integration with Morpho. This feature is housed in a non-custodial section of the app, where a smart wallet is created for users, allowing them to hold and potentially export their keys.
“Morpho is integrated into the main Robinhood app, offering Robinhood customers, the 27 million Robinhood customers, 7% yield on USDG stablecoin deposits in a non-custodial section of the main Robinhood app.”
“And the really cool part about it is when you start entering this flow, we actually create a smart wallet for you. It's a self-custody wallet, so you can eventually export the key if you want to and import it in your wallet or do whatever you want with it.”
“So Morpho created vaults on the Robinhood chain, and both the wallet and the main Robinhood app will interact with it.”