Steakhouse High Yield USDC is now live on @coinbase, alongside Steakhouse USDC.
Coinbase users can now choose: lend into Steakhouse Prime or High Yield.
Curated by Steakhouse, Powered by @Morpho.
Now on Coinbase.
The first product in the Ethena ✦ Coinbase collaboration is now live.
The @SteakhouseFi High Yield Vault has officially launched on @coinbase, powered by USDe on @Morpho.
Coinbase's user base now has access to a best in class savings rate through the vault, live in the
JUST IN: More ways to earn.
Now you can choose how you earn when you lend.
→ Prime: backed by blue chips like BTC and ETH.
→ High Yield: higher potential, backed by a broader mix of assets, including those powered by @ethena.
More choice, more opportunity.
More choices for USDC Earn on @coinbase, powered by Morpho
Users can now pick between @SteakhouseFi curated vaults with distinct risk profiles:
A Prime vault backed by $BTC and $ETH, and a High Yield vault backed by @ethena assets and more.
One of the most trusted names in digital assets, @krakenfx is building its full suite of onchain yield products on Morpho.
Proof in the numbers
🔹 $180M+ in deposits in Bitcoin Vaults within 1 week
🔹 $300M+ in assets earning yield on Morpho
🔹 vault strategies from @SentoraHQ
Holders of @humafinance's $PST, backed by payment receivables, can now borrow USDC liquidity from a @RockawayX curated Morpho Vault
With $1B+ in RWA deposits, Morpho's open credit network enables any asset issuer to bring additional utility to their assets
As vaults take over finance, Vault Summit took over the NYSE.
We connected the world's largest institutions with the teams building the future of finance onchain.
Special thanks to our host @Morpho, co-host @SPGlobal, and Title sponsors @gauntlet_xyz, @FordefiHQ, and @Visa.
The internet's value didn't come from the protocol itself.
It came from the companies : Amazon, Google, Stripe, etc, that used it as a foundation to build applications that delivered value to end-users.
Blockchains are a platform. And the apps are starting to show up.
Credit
Big day for @Morpho.
Last year, we sat down with @PaulFrambot and had him explain it from scratch: what it is, why institutions suddenly care, and where he thinks finance is headed.
Five answers 👇