Osero raises $13.5 million for stablecoin yield platform

Osero, a company developing infrastructure for stablecoin yield generation, has secured $13.5 million in its latest funding round. The round was led by Sky Ecosystem with Plasma acting as co-lead, and also drew angel investors representing USDT0, Maple, Accountable, Four Pillars, RedStone, The Rollup, and Kairos Research.

Shifting the stablecoin yield landscape

According to DeFiLlama, the total size of the stablecoin market has surpassed $300 billion. To date, however, most of the investment yields from these assets have been captured by issuers like Circle and Tether, leaving end users without direct access to returns. Financial technology firms wanting to create their own stablecoin savings products typically need to enter the asset management business to do so.

Emerging from the incubation programs of Stablewatch and Soter Labs, Osero addresses this gap with three separate solutions. The company offers Osero Earn, allowing wallets, neobanks, and brokerages to integrate Sky Savings Rate into their apps; Osero App, which provides multi-chain access directly to yields; and Osero Foundry, designed to enable asset managers and structured product providers to deploy yield-generating products on-chain.

Osero’s infrastructure and future plans

Osero reports that its Osero Earn product can be integrated seamlessly using as little as 10 lines of code. This tool channels investments into the Sky Savings Rate while Osero manages the backend, including asset management, risk assessment, and routing infrastructure.

On another front, Osero Foundry is set to offer an allocation capacity of up to $2.5 billion for anchor funding, swap liquidity, and loan liquidity, all supporting the growth of stablecoin yields. Each new fund deployment will undergo a risk evaluation process inspired by Basel III standards.

Osero confirmed that the $13.5 million it raised will be used to meet capital requirements for the initial Foundry allocations, and the amount will serve as collateral in the first wave of distributions within the Sky protocol’s risk assessment framework.

Sky protocol’s expanding role in DeFi

Sky, formerly known as MakerDAO, remains prominent as a decentralized finance protocol. Last year, it became the first DeFi project to receive a B- rating from credit rating giant S&P, setting a precedent in the industry. Currently, Sky is expanding both its balance sheet and distribution network, particularly through its USDS and sUSDS stablecoins.

Projects within the Sky ecosystem are targeting growth in real-world asset-backed and yield-generating products. In March, Obex announced its plan to allocate $1 billion across credit, energy, and AI-driven products, with the goal of boosting stablecoin yields.

Plasma, the co-lead investor in this funding round, is itself building a blockchain focused exclusively on stablecoins. The company previously recorded notable demand during last year’s token sale, raising $373 million.