So many of us are underestimating how widely accessible DeFi yields will soon be. I just learned about @ground_onchain, a Stripe-like API for DeFi, connecting TradFi/fintech to onchain yield. Imagine BofA or Revolut wants to offer all their customers access to competitive 24/7 yield sources onchain--they just need to connect Ground API. No backend wallet infra to build, just an API. I would imagine some of the trailblazing work by @coinbase, @RobinhoodCrypto, and @krakenfx for their onchain Earn products will soon look like a plug-and-play module for other finance giants with just a Ground-style API. We're living through the start of a new era.

1/6: What if accessing DeFi yield was as simple as calling a Stripe API? That's exactly what @ground_onchain is building. I sat down with co-founder @rmcuming to dig into it. Here's what I learned. 🧵

Tokenized assets are only useful if they reach real users. @ground_onchain gives banks and fintechs a way to connect institutional yield to the interfaces they and their clients use and love. That now includes $JTRSY and $JAAA, expanding beyond crypto native yield into RWAs.

Tokenization scales through distribution. We’re proud to support @ground_onchain’s RWA expansion, bringing USTB (managed by @InvescoUS) and USCC (managed by @Bitwise) to traditional fintechs through a single API. More platforms. Broader reach. More yield onchain.

Ground is expanding beyond crypto-native yield into tokenized real-world assets, and we're strengthening our leadership team to match this growth. Tokenized treasuries, AAA CLO strategies, and crypto basis strategies are now live in the same API alongside crypto-native yield sources. We've partnered with @centrifuge and @SuperstateInc to bring on RWAs managed by @JHIAdvisors, @InvescoUS, and @Bitwise, giving clients one integration point for the full spectrum of liquid, risk-adjusted yield: - Bitwise Crypto Carry Fund (USCC), tokenized by Superstate - Invesco Short Duration US Government Securities Fund (USTB), tokenized by Superstate - Janus Henderson Treasury Fund (JTRSY), tokenized by Centrifuge - Janus Henderson AAA CLO Fund (JAAA), tokenized by Centrifuge

Most people file onchain yield under "savings account, just a better rate." That framing hides the part that matters. A savings account balance is a claim you can't see the other side of. The bank holds your money on its own balance sheet, promises to honor a number later, sets the rate periodically, posts interest on a schedule, and gates access to business hours and holds. You trust the promise because you have no way to check it. Onchain yield is still a claim — but on something you can actually see. The position sits in a wallet you hold the keys to, against an auditable balance sheet rather than an opaque one. It accrues continuously, so its value reflects the real state of the position at that moment, not a promise about it. And you can exit at any time, because nothing sits between you and the position deciding when you're allowed out. The difference isn't the rate. It's that the claim is transparent, keyed to you, and settles on your schedule instead of the bank's.

Every potential client we talk to runs into the same three problems when creating a yield, wealth or investment product: First, Concentration: Running balance or portfolio through a single underlying venue, source, or strategy introduces risk. Diversifying among 2 or 20 sources reduces this risk. Ground makes putting your eggs in more than one basket easy. Second, Goalling: Most products focus on a specific risk and liquidity profile, sometimes a different one per client segment, usecase, or expected behavior. Hitting the goal consistently requires adapting your portfolio as underlying sources change. Ground makes accessing and maneuvering over a catalogue of sources easy. Third, Differentiation: Competitors often use the same venue, source, or strategy as your product, commoditizing it at best, or degrading its performance and expected outcomes at worst. Ground makes building unique, customized offerings easy. Each of these is solved by integrating many diverse sources, adding complexity to your product, along with more maintenance and reconciliation overhead. Ground abstracts the complexity and makes this easy. One integration, fully client controlled, with source-attributed reporting. You configure and rotate venues and sources without becoming an integration desk. Let's build on solid Ground.

Compound Treasury grew above $300M in AUM in less than six months, and was the first decentralized product to receive an S&P credit rating. The tech, team, and positioning worked incredibly well until the market shifted underneath it. We wrapped the Compound protocol's yield for corporate treasuries, offered a fixed 4%, and took the spread. Once ZIRP ended and protocol rates fell, the spread vanished, making the product unsustainable. It was a single yield strategy exposed to a single rate regime. Anything pinned to one venue or one rate regime can get washed out when the cycle turns. The durable product is the one built on flexible infrastructure, capable of adapting to changes in the market. That is Ground: One API. Many yield sources. Configurable to our today's and tomorrow's risk and liquidity requirements.

Embedded finance was a defining infrastructure pattern of the last decade: Stripe turned payments into an API. Plaid turned bank connectivity into an API. The work was making banking and financial primitives understandable and easy to integrate, and handing them to product teams as configurable building blocks. Onchain finance is now ready for this same shift to ease, legibility, and composability so that idle balances can be made more productive including billions of stablecoins, pre-funded accounts, and neobank deposits. But fragmentation makes this difficult to package in a product, requiring many integration across chains, protocols, and markets, plus orchestration and reconciliation work that never ends. The complexity is prohibitive. Ground collapses this effort into a single integration to embed transparent, configurable, diverse yield. The bar is fintech UX, where yield should feel like a native balance feature. That is what Ground provides: One API, configurable yield sources, and ledger-ready accounting. If you run a neobank, exchange, or finance app and embedded yield is on the roadmap, let's talk.