Gelato and Morpho partner to offer Embedded Crypto-Backed Loans for Wallets, Brokers, and Fintech Apps.
The partnership provides white-labeled, non-custodial stablecoin loans directly in wallets or applications, combining Gelato's web3 developer cloud platform with Morpho's decentralized lending protocol.
Users can borrow stablecoins like USDC using their crypto assets as collateral in a simple, Web2-like experience that is non-custodial and fully onchain.
The Embedded Crypto-Backed Loans aim to cater to consumer and institutional users, offering a seamless user experience while ensuring non-custodial guarantees and are now available in beta on various platforms.