Crypto.com to Launch Crypto Lending and Stablecoin Yields via Morpho on Cronos

￰0￱ is expanding its decentralized finance offerings by integrating Morpho, the second-largest DeFi lending protocol, into its ￰1￱ Takeaways: ￰2￱ is integrating Morpho to offer stablecoin lending and wrapped asset deposits on ￰3￱ will be able to borrow stablecoins against wrapped ETH and BTC without leaving the ￰4￱ platform. Morpho’s lending services will be accessible to ￰5￱ despite restrictions from the Genius ￰6￱ move will allow users to lend wrapped crypto assets and earn stablecoin yields directly on Cronos, the blockchain developed by ￰7￱ integration, announced Thursday , will bring stablecoin lending markets to Cronos later this ￰8￱ to Let Users Borrow Stablecoins Against Wrapped BTC and ETH on Cronos Users will be able to deposit wrapped Ether (CDCETH) and wrapped Bitcoin (CDCBTC), tokenized versions of ETH and BTC on Cronos, and borrow stablecoins against their deposits to generate ￰9￱ assets allow users to interact with DeFi protocols on a specific blockchain without bridging native ￰10￱ keeping funds within the Cronos ecosystem, ￰11￱ aims to streamline the lending process and deepen engagement with its native chain.

Morpho’s co-founder, Merlin Egalite, said the initiative is designed to offer a seamless front-end experience powered by decentralized ￰12￱ protocol will be integrated directly into Crypto. com’s user interface, eliminating the need for separate wallets or ￰13￱ currently holds over $7.7 billion in total value locked, according to DefiLlama, making it the second-largest protocol in the DeFi lending ￰14￱ matches lenders and borrowers across protocols like Aave and Compound, optimizing rates through its peer-to-peer layer. Incoming: DeFi Mullet on @cryptocom A full earn & borrow suite for millions of @cryptocom users Built on @cronos_chain. Powered by ￰15￱ — Morpho (@MorphoLabs) October 2, 2025 Crucially, Morpho’s services will be available to ￰16￱ despite the Genius Act, signed into law in July 2025, which prohibits stablecoin issuers from paying yield ￰17￱ clarified that lending stablecoins is a distinct activity from receiving reserve yields, making it legally ￰18￱ marks Morpho’s second major exchange integration in recent ￰19￱ September 18, Coinbase integrated the protocol into its app, allowing users to lend USDC through vaults managed by Steakhouse ￰20￱ platform advertises potential yields of up to 10.8%, far above the 4.5% offered through standard USDC ￰21￱ CEO Brian Armstrong later declared the company’s ambition to become a full-service crypto “super app,” positioning itself as an alternative to traditional ￰22￱ ambition has rattled legacy ￰23￱ August, major US banks and the Bank Policy Institute urged Congress to tighten regulation on stablecoins, warning that unchecked growth could pull trillions from the traditional banking ￰24￱ pushed back, calling the claims “false” and accusing banks of defending outdated fee-based models threatened by crypto ￰25￱ Turn to Stablecoins as Competition Increases In August, Citigroup CEO Jane Fraser confirmed the bank is “looking at the issuance of a Citi stablecoin” while developing tokenized deposit services for corporate clients seeking 24/7 settlement ￰26￱ in June, JPMorgan also launched JPMD deposit tokens for institutional blockchain payments while CEO Jamie Dimon was questioning its use ￰27￱ bank served as lead underwriter for Circle’s IPO, which has climbed over 500% since its $31 offering ￰28￱ also appears that some institutions are showing approval to control stablecoins, as seen in the recent Bank of England’s proposal for strict ￰29￱ bank caps between £10,000 and £20,000 for individuals and £10 million for businesses, which triggered widespread backlash.