PANews reported on August 28 that according to CoinDesk, blockchain technology company Centrifuge has partnered with Morpho and Coinbase to launch a real asset (RWA) lending market for institutions. The market relies on Coinbase's second-layer network Base and Morpho Vaults system, using 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 coins (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.
