Consumer-grade public blockchain Morph launches Morph Pay to build a high-yield DeFi ecosystem
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Consumer-grade public blockchain Morph launches Morph Pay to build a high-yield DeFi ecosystem
Users will be able to seamlessly integrate DeFi yields from the Web3 world with traditional Web2 payment networks at the click of a button on the Morph platform.
Navigating Web3 tides with focused insightsMorph, a global consumer-grade public blockchain dedicated to driving mass adoption of Web3, has announced the launch of Morph Pay, creating an integrated financial ecosystem that combines Web2 banking infrastructure with Web3 decentralized finance yield capabilities.
"The launch of Morph Pay reflects Morph's mission to make blockchain technology accessible and valuable in the real world," said Cecilia Hsueh, Co-Founder and CEO of Morph. "We are building an ecosystem where users can apply DeFi yields toward daily spending while maintaining full control over their assets and maximizing their utility."
Morph Pay will offer users a one-stop DeFi yield aggregation solution, supporting annualized yields of up to 30% on crypto deposits. Through smart contract automation, users can directly use DeFi yields for everyday payments, seamlessly linking asset growth with payment scenarios. Leveraging platform-level advantages, Morph Pay will support multi-currency payments as well as Google Pay and Apple Pay.
Additionally, users will be able to participate in exclusive ecosystem airdrops and incentive programs offered by Morph and its ecosystem partners.
"The future of finance lies in bridging the gap between decentralized finance and everyday financial needs," said Azeem Khan, Co-Founder and Chief Operating Officer of Morph. "Morph Pay is setting a new standard in financial services by connecting the practical spending power of traditional banking with the easy accessibility of DeFi yields on a unified platform."
Morph's ecosystem will continue to expand in the future, offering users broader financial choices through additional partners, merchants, currencies, and payment solutions. Morph Pay is set to launch its first payment card in Europe and the Asia-Pacific region soon, with plans for global expansion.
For more information about Morph Pay, visit: https://pay.morphl2.io/.
About Morph
Morph is a global, pioneering consumer-grade public blockchain committed to providing developers with the resources and market channels needed to achieve large-scale application deployment.
Morph employs a hybrid technical solution combining ZK roll-up and Optimistic roll-up technologies, and achieves infinite scalability through decentralized sequencers, offering developers a convenient public chain ideal for building widely adopted applications.
Bitget, a globally leading cryptocurrency exchange, is one of Morph's early investors. Bitget will continue to play a significant role in the Morph ecosystem and work alongside other investors to drive the growth of the Morph ecosystem.
Morph Chinese community: https://t.me/morphl2_asia
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