Golden Finance reported that RWA startup Centrifuge used the vault system of lending company Morpho to establish a lending market, the collateral of which comes from several tokens backed by the U.S. Treasury. The market relies on Coinbase's second-layer network Base and Morpho Vaults system, and uses three tokenized U.S. bonds as collateral, including Centrifuge's Anemoy Fund, Midas's short-term U.S. bonds (mTBILL) and Hashnote's U.S. Yield Coin (USYC). This is the first time that Ethereum-driven Coinbase verification has been used in the lending market, aiming to provide instant liquidity without redeeming U.S. bonds.