Gelato and Morpho have introduced Embedded Crypto-Backed Loans, revolutionizing crypto borrowing with a non-custodial solution that integrates into various platforms.
The partnership combines Gelato's Smart Wallet SDK and Morpho's decentralized lending infrastructure, allowing users to access stablecoins using crypto assets as collateral.
Key features include seamless onboarding, gasless transactions, and secure interactions for both developers and end-users across multiple EVM-compatible chains.
The collaboration aims to bring DeFi services to a wider audience while maintaining decentralization, with upcoming security enhancements planned to further protect user assets.