TechFlow reported that the decentralized lending protocol Morpho has entered the field of centralized finance (CeFi) for the first time. The European crypto fintech platform SwissBorg announced the launch of a USDC yield product based on the Morpho protocol, providing Web3 yield opportunities for its application users.
The product connects to Morpho’s WBTC/USDC and wstETH/USDC markets, marking the first time Morpho Vaults have been used in a CeFi environment.
