We’re excited to introduce Earn, a first-of-its-kind non-custodial solution that allows users to seamlessly convert fiat into DeFi yield in under 10 seconds. With this new feature, users can deploy USD- and EUR-backed stablecoins to earn dynamic yields—~11% for USD and ~5% for EUR—without sacrificing control of their assets.
"When we started Bleap, making DeFi yield accessible to everyone was one of our core goals, and this launch is a major step toward that vision," said João Alves, co-founder of Bleap.
This feature is now available in the beta version of Bleap's self-custodial payments app, which already enables users to spend stablecoins directly with a debit card at a 1:1 rate, while also offering free on-ramping, off-ramping, and asset bridging.
Earn provides a simple, non-custodial pathway to earning DeFi yields. By integrating Angle Protocol, Bleap offers users a straightforward, 1-click route to earning yield with stablecoins like USD and EUR. Angle is an overcollateralized stablecoin protocol that generates yield from backing assets and interest paid by borrowers. The yield comes from a mix of stablecoins (like USDC), tokenized real-world assets (such as T-bills), and DeFi yield-bearing deposits, ensuring consistent returns. Additionally, borrowers of stablecoins from the protocol contribute to the yield through interest payments, further boosting returns for stablecoin holders.
In contrast to centralized exchange options like Binance, Bleap remains entirely non-custodial. Users interact directly with DeFi protocols, without having to place funds in Bleap’s custody, eliminating third-party risk. This ensures users maintain full control over their assets while earning yield. Bleap’s user-centric design simplifies the process, enabling anyone to add stablecoins to their wallet and start earning yield—without the complexity typically associated with DeFi.
"Angle Protocol was created with the vision to provide permissionless and innovative financial products on the blockchain," said Pablo Veyrat, co-founder of Angle Protocol. "Our collaboration with Bleap highlights how DeFi can provide seamless, user-friendly solutions for earning passive income while maintaining control over your assets."
At Bleap, we are committed to expanding our DeFi offerings. In the future, users will have the opportunity to diversify their savings and engage in a broader range of DeFi activities, such as spot trading and perpetuals as Bleap integrates additional DeFi protocols.
Bleap was founded by ex-Revolut executives João Alves and Guilherme Gomes with the mission of creating "a bank account on the blockchain." Currently in beta, Bleap is onboarding customers from the EEA.
Angle is a DeFi protocol building resilient stablecoin infrastructures. The Protocol’s main products are EURA (formerly agEUR), the most traded Euro stablecoin, and USDA, the most robust decentralized Dollar stablecoin. Angle also offers a savings product, enabling anyone to easily earn a passive & secure native yield on their stablecoin deposits.
To learn more, visit angle.money
