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Gelato and Morpho Partner to Offer Embedded Crypto-Backed Loans for Wallets, Brokers, and Fintech Apps

  • 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.

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