# Learn

Source: https://o2ocapital.com/learn
Updated: 2026-10-23

For information only: nothing on this site is an offer to sell, or a solicitation of an offer to buy, any security. Open to eligible non-U.S. institutional investors only.

As of 15 October 2026, O2O Capital Partners is pre-launch: no vault or vault token is live.

Explainers on stablecoin treasury yield and niche private credit onchain, from O2O Research.

## [Stablecoin treasury yield](https://o2ocapital.com/learn/stablecoin-treasury-yield)

What stablecoin treasury yield is, where it comes from, how the main sources compare and how a treasury chooses among them.

- [Stablecoin yield sources compared](https://o2ocapital.com/learn/stablecoin-yield-sources-compared): Tokenized Treasury funds, onchain lending, private credit vaults and reward programs compared: what pays the yield, liquidity, correlation and the main risks.
- [How to evaluate a yield vault](https://o2ocapital.com/learn/how-to-evaluate-a-yield-vault): An eight-point checklist for evaluating a stablecoin yield vault, with worked examples from the O2O Vault Brief, red flags and questions to ask a curator.
- [How a DAO treasury can earn yield on stablecoins](https://o2ocapital.com/learn/dao-treasury-stablecoin-yield): How DAO treasuries split stablecoins into runway, reserve and longer-term buckets, which yield sources fit each, and the limits and reporting governance sets.

## [Niche private credit onchain](https://o2ocapital.com/learn/niche-private-credit-onchain)

What niche private credit is, how trade receivables, royalties and aircraft leases reach onchain investors through a fund or vault, and the main risks.

- [What is tokenized private credit?](https://o2ocapital.com/learn/what-is-tokenized-private-credit): How tokenized private credit works, the main structures, how it is valued and redeemed, its use as DeFi collateral and its risks.
- [How does trade receivables financing work?](https://o2ocapital.com/learn/trade-receivables-financing): How trade receivables financing works, its main forms, how often trade finance loans default, how a receivables portfolio sits in a vault, and its risks.
- [How can banks and specialist lenders access onchain capital?](https://o2ocapital.com/learn/how-originators-access-onchain-capital): How banks and specialist lenders can fund short-duration loans with stablecoin capital through a fund or vault: the buyers, the process, reporting and risks.
- [What is a NAV-priced vault token?](https://o2ocapital.com/learn/nav-priced-vault-tokens): How a vault token priced at a fund's net asset value works: who calculates NAV, how it reaches the chain, how deposits and redemptions settle, and the risks.
- [What is ERC-7540?](https://o2ocapital.com/learn/erc-7540-explained): ERC-7540 explained: the asynchronous request lifecycle, how it extends ERC-4626, how it relates to ERC-7575, and why real-world asset vaults use it.