How to Use the USDC USDT Euler Strategy to Multiply Stablecoin Yields

The USDC USDT Euler Strategy is one of the safest and most consistent ways I’ve found to earn solid passive income in DeFi without touching volatile assets. In this article, I’ll explain how the strategy works, why I use it, and how you can apply it using Euler Finance.

What is the USDC USDT Euler Strategy?

The USDC USDT Euler Strategy is a stablecoin yield-multiplying method. It uses a simple but powerful loop: deposit USDC as collateral, borrow USDT, then supply the borrowed USDT, borrow again, and repeat. Euler Finance makes this easy with its built-in Multiply function.

Let’s say you start with $10,000 in USDC. By using a 7.5x multiplier, you end up with over $75,000 worth of assets earning yield. That’s because every borrowed USDT gets looped back into the system. The more you loop, the more you earn—just be careful not to get too close to your liquidation threshold.

The result is a position that earns more interest on what you supply than what you pay to borrow. That’s the core of the strategy.

Why Stablecoin Strategies Make Sense in DeFi

One of the biggest problems in DeFi is volatility. Tokens go up and down, and sometimes they go to zero. That’s not for me. I prefer stablecoins like USDC and USDT because they stay close to $1 and are backed by major issuers.

With the USDC USDT Euler Strategy, I avoid the stress of market swings and focus on something more predictable: interest rates. As long as the APY I earn on my supplied stablecoins is higher than the APY I pay on my borrowed ones, I make money.

It’s not sexy, but it works. And it doesn’t require timing the market.

Step-by-Step: How the Strategy Works

To set this up, you’ll need a Web3 wallet and access to Euler Finance. Here’s a simplified version of the process:

  1. Go to euler.finance and connect your wallet.
  2. Deposit USDC as your initial collateral.
  3. Borrow USDT against your USDC.
  4. Supply the borrowed USDT.
  5. Use the Multiply button to loop the process.
  6. Stop once your Loan-to-Value (LTV) reaches a safe range, usually around 85 to 88 percent.

Euler shows you both your current LTV and your liquidation threshold (LLTV), which is usually set at 95%. Staying below 90% gives you a buffer in case prices move or fees spike.

Example numbers for a $10,000 initial investment:

  • Collateral: $10,000 USDC
  • Total supplied value: ~$75,000 (after looping)
  • Borrowed USDT: ~$65,000
  • APY earned on USDC: around 6%
  • APY paid on USDT: around 3%
  • Estimated ROE (Return on Equity): 25–30%

These rates change, so always double-check.

Benefits of Using Euler for This Strategy

Euler Finance is built for this kind of leverage strategy. Unlike other platforms, it uses isolated lending markets, meaning if one asset gets exploited or crashes, it doesn’t affect every pool. That reduces risk across the board.

Other advantages:

  • No price exposure to risky assets
  • Full transparency with on-chain data
  • No middlemen—just smart contracts
  • Easy UI with built-in Multiply logic

For someone like me, who’s not a developer or financial analyst, that makes it much easier to manage.

Risks to Consider

Even with stablecoins, this strategy has some real risks. You need to know them before diving in.

Liquidation is the big one. If your position hits 95% LTV, it gets liquidated. That means losing part of your funds. You must watch your health score and keep a buffer.

Depegging risk is another. If USDC or USDT moves away from $1 for too long, it can affect the oracle prices and your liquidation risk.

Smart contract risk is always present in DeFi. Euler is audited, but no platform is 100% safe. If a bug or exploit happens, funds can be lost.

APY changes can also flip your gains. If the borrow rate rises above the supply rate, the strategy stops being profitable. So you’ll want to check your rates regularly.

The USDC USDT Euler Strategy is one of the few DeFi methods that gives me peace of mind. It’s slow and steady. It’s not built for moonshots. But for someone like me, who just wants to grow my money without too much drama, it hits the right balance.

Stablecoins are here to stay. And tools like Euler give regular people the ability to put those coins to work with smart leverage and solid returns. I don’t need to buy the next meme coin or time the market. I just set this up, monitor it every now and then, and let it grow.

If you’re holding USDC or USDT and not earning much, this might be worth a look. Start small, stay under 90% LTV, and let the strategy do the work.