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SwissBorg launches USDC Earn product based on Morpho.

Sep 10, 2024 23:43:31

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ChainCatcher news, according to The Defiant, the fintech platform SwissBorg, which focuses on cryptocurrency and serves the European market, has announced the launch of a yield-generating USDC Earn product utilizing the Morpho protocol. This new product is now available to users of the SwissBorg app, providing access to a customized Morpho Vault for a Web2 audience.

It is reported that the product can access Morpho's WBTC/USDC and wstETH/USDC markets, marking the first use of Morpho's Vaults in a CeFi environment.

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