# #992 - Robinhood Earn Hits $100m In Deposits

> Robinhood's Morpho-powered yield product hits $100m in deposits and Ambire Wallet extends Gas Tank support to Safe.

**Published by:** [Ethereum News](https://ethdaily.io/)
**Published on:** 2026-07-17
**Categories:** news, 2026, july2026
**URL:** https://ethdaily.io/992

## Content

Quick Take Robinhood Earn $100m in deposits. Ambire extends Gas Tank to Safe. Etherscan Guide to token stocks. Advertise with ETH Daily Ethereum's daily briefing since 2022. Trusted by over 10,000 Ethereum-native subscribers. Advertise with us → Robinhood Earn Hits $100m In Deposits Robinhood Earn, Robinhood's DeFi-powered yield product, crossed $100 million in deposits, CEO Vlad Tenev shared. The product lets Robinhood users lend USDG, a dollar-pegged stablecoin, through a self-custody wallet built into the Robinhood app, earning an estimated 7% APY. Earn is powered by Morpho lending vaults running on Robinhood Chain. Morpho's broader footprint on Robinhood Chain has reached $300 million in market size. Ambire Gas Tank Supports Safe Ambire launched Gas Tank fee sponsorship support for Safe accounts, bringing its cross-chain gas abstraction feature to Ethereum's most widely used smart account across 18 networks. Gas Tank lets users top up a balance once and use it to pay transaction fees across any supported EVM network. It eliminates the need for native gas tokens on each chain. Previously available for EOAs, the feature now covers Safe accounts. Beyond convenience, the Ambire bundler appears as the payer for Gas Tank transactions, providing added privacy. Gas Tank balances are also per-account and do not link addresses together. Etherscan Guide To Tokenized Stocks Etherscan published a guide to understanding tokenized stocks amid the recent surge in RWA tokenization. Etherscan notes that most stock tokens do not provide ownership of the underlying share, but rather economic exposure to its price akin to a derivative. Examples include Ondo and xStocks, which together issue over 500 tokens. One framework worth keeping in mind is that strong onchain mechanics and strong legal structure are two separate axes. A token with transparent contracts, timelocks, and clean redemption queues can still rest on a thin legal claim, subordinated debt against an operating company rather than a ring-fenced vehicle. Other News Ethereal news weekly #31. Ethereum privacy progress. Arbitrum OAT election results. Sky Base Rate proposal. Aave v4 USDC incentives. ERC-8340 tx metadata encoding. Safenet Beta rewards. Relay releases dev dashboard. Shutter Melee 2 results. Disclaimer: Content is for informational and educational purposes only and does not constitute financial, investment, legal, or other professional advice. No representations or warranties are made as to accuracy, completeness, or timeliness. Use of this content is at your own risk, and you should consult a qualified professional before making decisions. No fiduciary or advisory relationship is created.

## Publication Information

- [Ethereum News](https://ethdaily.io/): Publication homepage
- [All Posts](https://ethdaily.io/): More posts from this publication
- [RSS Feed](https://api.paragraph.com/blogs/rss/@ethdaily): Subscribe to updates
- [Twitter](https://twitter.com/intent/follow?screen_name=ethdaily): Follow on Twitter