Robinhood Crypto launches Earn using Morpho lending infrastructure, expanding institutional DeFi adoption through its new Layer 2.
- Robinhood Crypto has launched its new 'Earn' product, leveraging Morpho's decentralized lending infrastructure on its new Layer 2 network.
- Eligible users can now earn yield on USDG stablecoins held within the Robinhood app, with deposits automatically entering a Morpho Vault managed by Steakhouse Financial.
- This integration signifies a significant step in institutional DeFi adoption, with Morpho expanding its reach through major fintech partnerships and managing over $11 billion in assets.
Topics: Integration with defi, Infrastructure providers, Scalability, Rwa collateral lending, Tokenization platforms, Institutional capital inflows
Tags: #morpho #robinhoodcrypto #defi #lendinginfrastructure #layer2 #usdgstablecoin #arbitrum #institutionaladoption #yieldgeneration
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