This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
Gelato and Morpho have partnered to launch Embedded Crypto-Backed Loans, enabling wallets, brokers, and fintech apps to offer instant stablecoin loans using crypto as collateral. The solution combines Gelato’s Smart Wallet SDK with Morpho’s lending infrastructure for a seamless, non-custodial experience.
- Enables instant USDC loans using crypto (e.g., BTC) as collateral with a fully onchain, non-custodial process.
- Integrates Morpho's $6.5B lending protocol with Gelato's Smart Wallet SDK for Web2-like UX (gasless tx, 1-click onboarding).
- Supports 50+ EVM chains, EIP-7702 smart accounts, and plans for passkey authentication/onchain recovery features.
📎 Related coverage from: cryptopotato.com