Raenest, a global money management platform focused on emerging markets, has introduced a Stablecoin Vault that allows eligible users to earn up to 7 percent variable annual percentage yield on USDC and USDT balances. The feature is available directly within the Raenest app and reflects the growing role of stablecoins in cross-border financial activity. The company positions the launch as part of a broader effort to bring receiving, holding, moving, spending and growing money into one connected experience.
How the Stablecoin Vault Works
The Stablecoin Vault is available to eligible users across Raenest's markets in Africa, Latin America, and Asia. Users can fund the Vault with USDC, USDT, USD, NGN, EUR, GBP, and other supported currencies, which are converted into the relevant stablecoin balance. Interest is paid daily and automatically reflected in balances, while there is no lock-up period and users can access, add to, or withdraw funds at any time.
Raenest's help centre lists a minimum deposit of $100 for the Vault. Earnings begin 24 hours after a successfully processed deposit and are credited daily, allowing them to compound over time. The advertised yield is variable and may change based on market conditions, while conversion fees range from 0.50 percent between US dollars and stablecoins to 0.70 percent between other supported currencies and stablecoins.
Stablecoin Management and Card Spending
Beyond the Vault, Raenest users can create dedicated USDC and USDT wallet addresses to receive and hold their stablecoins in their original form. They can send these stablecoins across supported networks or convert between stablecoins and fiat currencies as their needs change. The flexibility extends to everyday spending because users can spend directly from stablecoin balances with the Raenest Card alongside fiat balances such as USD, GBP, EUR, and NGN.
Victor Alade, CEO and co-founder of Raenest, said stablecoins are becoming an important part of how people and businesses manage money across borders. He explained that the Stablecoin Vault gives users more ways to put their balances to work while continuing to build a platform that brings global money management into one place. For Raenest, this forms part of a larger ambition to give people and businesses greater control over how they manage, move, and grow their money.
Risk Considerations and Platform Growth
The Vault is not a bank account and is not covered by deposit insurance. Raenest states that the product generates yield through decentralised finance protocols, so returns can change with market conditions and are not guaranteed. In exceptional circumstances, the value of user assets could be affected, and detailed terms qualify the promise of access without a lock-up period.
Withdrawals are ordinarily expected within two hours under normal conditions, but they may take four business days or longer in exceptional situations. The terms identify insufficient liquidity, blockchain congestion, security incidents, and compliance reviews as possible causes of delay. Withdrawals can also be temporarily suspended, and technical failures may result in partial or complete losses.
Raenest serves more than one million users across over 50 countries and has processed more than $2 billion in transactions. The company is backed by investors including QED Investors, Norrsken22, Ventures Platform, P1 Ventures, and Seedstars. Its wider platform includes multicurrency accounts, dollar cards, international payments, and stablecoin wallets, with the Raenest app available on iOS and Google Play.
The launch of the Stablecoin Vault expands Raenest's offering beyond receiving and moving money by giving eligible users a way to earn variable returns on stablecoin balances. The product brings stablecoin yield, conversion, and spending into one platform while requiring users to weigh conversion costs, changing exchange rates, and withdrawal conditions. As stablecoins gain broader acceptance, Raenest is positioning its platform to capture demand for flexible global money management.