Ethereum L2 network Base has launched Earn & Borrow, an end-to-end technology stack enabling platforms to offer floating-rate stablecoin yields and crypto-collateralized loans. The solution leverages Base infrastructure and third-party lending markets to provide eligible users with integrated yield and borrowing services. Yields on stablecoin deposits such as USDC are generated from interest paid by borrowers on over-collateralized loans, with connectivity to protocols including Morpho and Aave. Base reports an average yield of 4.45% on USD stablecoins in its lending market, excluding incentives.