Latin America-based cryptocurrency exchange TruBit has partnered with DeFi lending protocol Morpho to offer DeFi yield products to its users in Mexico and Argentina. Announced recently, this collaboration aims to meet the increasing demand for crypto-backed lending in the region. This partnership follows Morpho's earlier announcement this year with Coinbase to provide bitcoin-backed loans. Morpho co-founder Merlin Egalite stated that integrating DeFi into fintech companies offers a more user-friendly experience, facilitating the scaling of DeFi.
Morpho Partners with TruBit to Offer DeFi Yield Products in Latin America
Edited by: Yuliya Shumai
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