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myBTC offers Bitcoin exposure while earning yield — denominated in BTC, built for Bitcoiners wanting to compound their Bitcoin holdings. The yield-bearing stablecoin market has grown to ~$20B, with protocols offering diverse yield sources:
myBTC brings the first yield-bearing Bitcoin, backed by mining block rewards and productive capital markets.

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How myBTC compares

myBTC applies the lessons of the yield-bearing stablecoin market to Bitcoin — powered by real economic activity, mining credit and sustainable yield strategies like Bitcoin Solver, rather than token emissions like staking rewards.

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Why it matters

  • No FX drag — yield compounds in Bitcoin, not dollars. A USD-denominated return can still be a loss in BTC terms if Bitcoin outperforms it over the holding period.
  • No conversion tax — there’s no BTC↔USD round-trip on deposit or redemption, so earning yield creates no taxable conversion event.
  • Real economic yield — mining credit and live liquid strategies produce the return; nothing depends on an emissions schedule that compresses as more capital arrives.
  • Institutional alignment — built for balance sheets that hold and report in Bitcoin, so yield is denominated in the same asset the balance sheet already holds.
The myBTC vault also carries the delta-neutral, dynamic BTC hedge, protecting the pool’s principal through cycles. See Dynamic hedging.
myBTC is a yield-bearing Bitcoin asset, not a stablecoin. See How myBTC works for how value accrues.