Robust Investment Strategies During Market Turbulence: Exploring Low-Risk Stablecoin Yield Products

In April 2025, the global financial market experienced a severe shock. The tariff policy implemented by the Trump administration triggered a chain reaction, causing the S&P 500 index to evaporate $5.8 trillion in market value in just four days, marking the largest single-week loss in over 70 years. The price of Bitcoin also fluctuated violently between $80,000 and $90,000.

In the face of this uncertainty, how should investors respond? During turbulent times, low-risk stablecoin yield products may be a wise choice. This article will introduce four types of yield products based on stablecoins for investors' reference.

It should be emphasized that this article does not constitute investment advice, and investors should conduct their own in-depth research and risk assessment.

1. Spark Saving USDC ( Ethereum )

Users can deposit USDC through the Spark platform to participate in savings. The earnings primarily come from the Sky savings interest rate (SSR), which is supported by income generated from cryptocurrency collateral loan fees, U.S. Treasury investments, and providing liquidity to other platforms. USDC is exchanged for USDS at a 1:1 ratio through Sky PSM, and then deposited into the SSR treasury to earn yields. The value of the sUSDC token will grow as earnings accumulate.

Risk Assessment: Low. USDC has high stability, and Spark has undergone multiple audits, reducing the risk of smart contracts. However, investors still need to pay attention to the potential impact of market fluctuations on liquidity.

2. Berachain BYUSD|HONEY (Berachain)

Investors can provide funds for the BYUSD/HONEY liquidity pool through the Berachain platform. The income mainly comes from BGT rewards (annualized yield of 3.41%) and transaction fees within the pool (annualized yield of 0.01%). BGT is Berachain's non-transferable governance token, which can be burned 1:1 for BERA (irreversible) and share the fee income from core applications.

Risk assessment: Low to moderate. BYUSD and HONEY are stablecoins with relatively stable prices. The PoL mechanism of Berachain has undergone multiple audits, and the risk of smart contracts is low. However, BGT rewards may fluctuate due to emission adjustments.

3. Uniswap V4 USDC-USDT0 Liquidity Pool (Uniswap V4)

Investors can provide liquidity for the USDC/USDT pool of Uniswap V4 through the Merkl platform. The returns mainly come from UNI token incentives.

Risk assessment: Low to moderate. The USDC/USDT pool, as a stablecoin pair, has lower price volatility risk. However, investors should be aware of smart contract risks and the possibility of declining returns after the incentive period ends.

4. Echelon Market USDC (Aptos)

Users can deposit USDC on the Echelon Market platform to participate in supply. Earnings include USDC supply interest (5.35%) and Thala's thAPT rewards (3.66%). thAPT is Thala's deposit certificate, which can be minted and redeemed for APT at a 1:1 ratio.

Risk Assessment: Low to Medium. USDC has high stability, but investors need to pay attention to the smart contract risks in the Aptos ecosystem and the impact of thAPT redemption fees on returns. Instant exits provide high liquidity, but market volatility may affect the value of thAPT rewards.

Summary

During market turmoil, stablecoin yield products can provide investors with a relatively safe haven. The four products mentioned above each have their own characteristics, and investors can choose based on their risk preferences and investment goals. It is important to note that even low-risk products carry certain risks; investors should carefully assess and allocate their assets appropriately.