Maple Expands Institutional Stablecoin Lending with stETH

Maple Finance, the leading on-chain asset manager, has added support for stETH, the leading Ethereum liquid staking token issued via the Lido protocol, enabling institutional stablecoin lending. This addition enhances the institutional utility of stETH and further solidifies its role within the Ethereum ecosystem.
By enabling institutions to borrow stablecoins against stETH holdings, Maple provides access to liquidity without requiring institutions to exit their liquid staking positions. Institutions can maintain exposure to liquid staking rewards while efficiently addressing liquidity needs for treasury management, operational working capital, or other strategic financial activities.
This support underscores the growing composability and strategic relevance of liquid staking tokens, like stETH, within institutional financial operations. It also reflects a broader trend of traditional and crypto-native institutions adopting DeFi solutions to optimize balance sheets and capital efficiency.
Kean Gilbert, Head of Institutional Relations at Lido Ecosystem Foundation, commented: “Maple’s support for stETH provides a valuable liquidity solution, directly addressing institutional need for flexible and efficient DeFi strategies. It highlights the practical role liquid staking tokens play in modern treasury management.”
About Lido Institutional
Lido Institutional champions the adoption of Lido protocol’s open-source liquid staking middleware among non-retail users. By facilitating connections between institutions and node operators, the Lido protocol streamlines the staking process, enabling reward generation without the operational complexities of managing validator hardware. Explore further at lido.fi/institutional.