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SwissBorg Launches USDC Earn Product Powered by Morpho, Bringing DeFi to Its Users

morphomorpho2024/09/10 15:12
By:Morpho

We’re excited to announce that SwissBorg , one of Europe’s leading fintech platforms for crypto, has used Morpho to launch a new USDC Earn product, simplifying access to decentralized finance (DeFi) for its users. This new offering will be seamlessly integrated into the SwissBorg app, providing users—who typically do not interact directly with blockchains—easy access to onchain yield opportunities.

Customized Risk Profiles Powered by Morpho Vaults

SwissBorg’s new USDC Earn product is powered by a customizable Morpho Vault, with risk curation provided by Gauntlet . Morpho Vaults offers fintech companies like SwissBorg a safer and more tailored experience on which to build user-facing products, compared to traditional lending protocols that expose all users to a broad range of assets with a single, standardized risk profile.

Along with enabling SwissBorg to customize risk profiles specifically for its users’ needs, Morpho Vaults also allows them to ensure any unique compliance requirements are addressed in the Vault’s parameters. This specific product is designed only to expose users to lower-risk, blue-chip collateral assets, focusing on the WBTC/USDC and wstETH/USDC markets. This targeted approach ensures that SwissBorg’s users benefit from higher security and risk-adjusted yields without unnecessary exposure to riskier assets.

Morpho’s Infrastructure: Built for Businesses

Morpho's efficient, flexible, and secure design makes it particularly well-suited for fintech businesses like SwissBorg to design and build unique products for its customers.

This collaboration marks another significant step in making Morpho the go-to infrastructure for businesses looking to offer customized borrowing and lending products to their users.

This partnership also underscores Morpho’s ambition to be the best financial infrastructure not just for DeFi applications, but also for institutional and fintech use cases. By enabling fintech companies like SwissBorg to offer DeFi services in a user-friendly and secure way, Morpho acts as the bridge between decentralized finance and mainstream financial services.

Stay tuned for more updates, and check out Morpho.org to learn how individuals, builders, and businesses can benefit from using Morpho.

About Morpho

Morpho is an open, efficient, and resilient platform that allows anyone to earn yield and borrow assets. At the same time, developers or businesses can create markets, curate vaults, and build a range of applications on its flexible, permissionless infrastructure. Morpho is trusted with over $3B in assets supplied, making it one of the most used DeFi protocols in the world.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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