Raenest Launches Stablecoin Vault With Up to 7% Yield on USDC, USDT
Raenest has launched Stablecoin Vault, letting users earn up to 7% variable APY on USDC and USDT with no lock-up period. Here's how it works.
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What to Know:
- Raenest announced the launch of a new feature called the Stablecoin Vault.
- The feature lets users earn up to 7% variable APY on their USDC and USDT balances.
- To begin earning, users must make a minimum deposit of $100 into the Stablecoin Vault. Earnings begin to accrue 24 hours after a deposit is made.
- For African users who already use stablecoins as a way to hedge funds against devaluation, this feature allows them to earn on them too.
What Was Announced
Raenest, a global money management platform that serves people and businesses across emerging markets, announced Stablecoin Vault on September 22, 2026.
The Stablecoin Vault feature lets eligible Raenest users earn up to 7% variable annual percentage yield on their USDC and USDT balances.
Victor Alade, Raenest’s CEO and co-founder, framed the launch as part of a bigger shift that’s already underway. “Stablecoins are becoming an important part of how people and businesses manage money across borders,” he said.
“With Stablecoin Vault, we’re giving users more ways to put their balances to work, while continuing to build a platform that brings global money management into one place.”
Why This Fits Raenest’s History
Raenest, formerly known as GeegPay, has built its reputation in Africa by solving common cross-border payment problems for African freelancers and remote workers.
By October 2025, roughly a million users across Africa had used Raenest to process over $2 billion. The Stablecoin Vault features give users a reason to keep balances inside Raenest rather than moving everything straight to a local bank account.
How the Vault Actually Works
Users can fund the Vault with USDC or USDT directly, or with fiat currencies including USD, NGN, GBP, and EUR. These automatically convert into the relevant stablecoin.
A minimum deposit of $100 into the stablecoin vault is required to begin earning. Earnings begin roughly 24 hours after a deposit clears. Earnings are added to the balance daily, compounding over time.
Despite the term “vault,” the Stablecoin Vault feature has no lock-up period. Users can add to or withdraw from the Vault at any time.
The Stablecoin Vault feature is powered by Gauntlet, a risk management firm that has worked in decentralised finance since 2018. It currently manages more than $1.5 billion in assets across similar vaults for clients including crypto powerhouses like Circle and Coinbase.
Where This Fits, and What’s Worth Watching
Chainalysis’s 2024 Global Adoption Index found that many users across Africa turned to crypto to protect their funds from losing value.
Local currencies across Africa continue to devalue, leading more people to hold stablecoins without exposure to volatility. This pattern is clear in broader data on stablecoin growth across the continent.
For users holding stablecoins, Raenest’s Stablecoin Vault offers a way to earn and accumulate yield on their balances, giving more value to dormant funds.
Whether Raenest’s offer remains attractive depends on two things moving forward: how stable that 7% figure actually proves to be once market conditions shift, and how regulators across the continent choose to treat stablecoin products like this one.
Over the past years, Africa has been actively working through crypto and stablecoin regulations. The direction it takes could shape how comfortable users feel keeping meaningful savings in products like Raenest’s Vault over the long run.
