Centrifuge Partners with Morpho and Coinbase to Launch RWA Lending Marketplace for Institutions
According to CoinDesk, Centrifuge has partnered with Morpho and Coinbase to launch an RWA lending market for institutions. The market relies on Coinbase's layer two network Base and Morpho Vaults system, using three tokenized US Treasuries as collateral, including Centrifuge's Anemoy Fund, Midas' short-term US Treasuries (mTBILL), and Hashnote's US Yield Coin (USYC). This is the first time Ethereum-powered Coinbase verification has been used in the lending market, aimed at providing instant liquidity without the need to redeem US Treasuries.
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