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TechFlow News — Decentralized lending protocol Morpho has made its first foray into centralized finance (CeFi). European crypto fintech platform SwissBorg has announced the launch of a USDC yield product powered by the Morpho protocol, offering Web3 yield opportunities to users of its app.
The product integrates Morpho's WBTC/USDC and wstETH/USDC markets, marking the first time Morpho Vaults have been deployed in a CeFi environment.
Decentralized lending protocol Morpho has made its first foray into centralized finance (CeFi). European crypto fintech platform SwissBorg has announced the launch of a USDC yield product powered by the Morpho protocol, offering Web3 yield opportunities to users of its app. The product is connected to Morpho's WBTC/USDC and wstETH/USDC markets, marking the first time Morpho Vaults have been deployed in a CeFi environment.
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