Lido proposes a $60 million expansion plan to enter the stablecoin yield sector

According to official news, Lido has proposed a budget plan for 2026, expecting to invest $60 million to transform from a single product to a diversified product portfolio, targeting institutional clients and expanding the stablecoin yield business. The proposal indicates the development of stablecoin and other asset class-related products to create new revenue sources and ensure the long-term resilience of the protocol.

According to Dune Analytics data, Lido currently holds a 28% market share in the Ethereum staking market, managing over 9.8 million ETH (worth approximately $34 billion).