The feature lets users earn stablecoin yield directly through Trezor Suite without connecting external wallets or using separate DeFi apps. Trezor has integrated native stablecoin yield functionality into Trezor Suite, the hardware wallet provider’s desktop and mobile application, in a move that could make earning yield on stablecoins more accessible to users who have traditionally avoided decentralized finance due to its complexity and security risks. Announced on Thursday, the feature comes through an integration with Morpho, a decentralized lending protocol built on Ethereum. The integration allows users to deposit USDt (USDT) and USDC (USDC) into pre-selected Morpho vaults directly through Trezor Suite without connecting external wallets or using separate DeFi applications. According to Trezor, deposits, withdrawals and reward claims are signed directly on users’ hardware wallets through the company’s clear-signing interface, which displays transaction details in human-readable form on the device screen. ...
The $940 billion asset manager will collaborate on DeFi lending infrastructure and could acquire up to 90 million MORPHO tokens. Traditional finance giant Apollo Global Management Inc. has signed a partnership agreement with decentralized lending platform Morpho to take a significant stake in the project and help support its blockchain lending infrastructure. The move was announced on Friday by the Morpho Association, the nonprofit organization behind the decentralized finance (DeFi) platform. The partnership, or “cooperation agreement,” will see Apollo or its affiliates buy up to 90 million Morpho (MORPHO) governance tokens over the next four years, representing 9% of the total 1 billion-token supply of MORPHO. Read more
Crypto.com is adding Morpho lending to Cronos, allowing users to earn stablecoin yields on wrapped BTC and ETH, mirroring Coinbase’s push into DeFi lending. Crypto.com users will soon be able to lend wrapped crypto assets and earn yield on stablecoins through Morpho, a decentralized finance (DeFi) lending protocol. According to a Thursday statement, Morpho will launch stablecoin lending markets on the Cronos blockchain, with the first vaults expected this year. The integration will allow users to deposit wrapped Ether (ETH) or Bitcoin (BTC) into Morpho vaults and borrow stablecoins against them to earn yield. Wrapped assets are tokens that represent another cryptocurrency on a different blockchain. On Cronos, wrapped tokens such as CDCETH and CDCBTC mirror ETH and BTC, allowing users to bring value into the network and access DeFi lending markets without leaving the chain. Read more