Gelato and Morpho To Offer Embedded Crypto-Backed Loans For Wallets, Brokers, And Fintech Apps | HackerNoon
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Gelato and Morpho To Offer Embedded Crypto-Backed Loans For Wallets, Brokers, And Fintech Apps | HackerNoon
"The launch of Embedded Crypto-Backed Loans allows users to instantly borrow stablecoins using their crypto assets as collateral, providing a Web2-like experience."
"With the combined power of Gelato's Smart Wallet SDK and Morpho's lending markets, platforms can now integrate a complete borrowing flow quickly and securely."
The partnership between Gelato and Morpho has led to the introduction of Embedded Crypto-Backed Loans, enabling users to borrow stablecoins like USDC against their crypto assets. This service offers a straightforward, non-custodial, fully on-chain experience tailored for both consumer and institutional users. The integration combines Gelato's Smart Wallet SDK and Morpho's lending infrastructure, ensuring rapid and secure deployment for platforms. Features include one-click borrowing with various crypto collateral options while maintaining a user-friendly interface that aligns with the expectations of modern finance.
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