Crypto.com has integrated Morpho lending on Cronos, letting users deposit wrapped BTC and ETH as collateral to borrow stablecoins and earn yield. Morpho vaults on Cronos bring on-chain DeFi lending to Crypto.com users, with support for US users and vault launches expected this year.
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Crypto.com integrates Morpho on Cronos for stablecoin lending
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Users can deposit wrapped ETH/BTC (CDCETH/CDCBTC) and borrow stablecoins to earn yield via Morpho vaults.
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Morpho is the second-largest DeFi lending protocol with ~ $7.7B TVL (DeFiLlama); similar Coinbase integration reported yields up to 10.8%.
Crypto.com Morpho lending on Cronos enables wrapped BTC/ETH deposits to borrow stablecoins and earn yield — learn how vaults work and what it means for stablecoin yields.
Crypto.com is adding Morpho lending to Cronos, enabling wrapped BTC and ETH deposits as collateral to borrow stablecoins and capture DeFi yields via Morpho vaults.
What is Crypto.com Morpho lending on Cronos?
Crypto.com Morpho lending on Cronos is an integration that lets users deposit wrapped Ether (ETH) and Bitcoin (BTC) tokens on the Cronos chain into Morpho-managed vaults to borrow stablecoins and earn yield. The feature embeds Morpho’s peer-to-peer lending overlays into Crypto.com’s platform for in-app DeFi access.
How does Morpho’s stablecoin lending work on Cronos?
Morpho matches lenders and borrowers on top of existing lending markets (e.g., Aave, Compound) and will open stablecoin lending markets on Cronos. Users deposit wrapped assets such as CDCETH and CDCBTC, then borrow stablecoins against them to earn yield from lending spreads and optimized routing.
Industry data shows Morpho has grown rapidly, with a total value locked (TVL) of around $7.7 billion, per DeFiLlama. Coinbase’s similar integration cited potential yields up to 10.8% for on-chain USDC lending versus ~4.5% holding rewards on-platform.
Why does wrapped crypto matter for Cronos lending?
Wrapped tokens (CDCETH, CDCBTC) mirror value from their source chains and enable ETH/BTC liquidity to be used on Cronos without native chain transfers. This brings deeper collateral options to Cronos DeFi markets and expands on-chain lending capacity for Crypto.com users.
Will US users have access to these vaults?
Yes. Morpho’s co-founder confirmed the protocol will be accessible to US users. The Genius Act (July 2025) bans interest-bearing stablecoins but does not explicitly prevent exchanges or platforms from offering lending-derived yields, a distinction Morpho and Crypto.com cite to support access.
Frequently Asked Questions
Can I deposit wrapped ETH or BTC and earn yield on Crypto.com?
Yes. Crypto.com’s Morpho integration will allow deposits of wrapped ETH and BTC (CDCETH/CDCBTC) into Morpho vaults on Cronos, enabling users to borrow stablecoins and capture lending yield while remaining on the platform.
How much yield can users expect from Morpho vaults?
Yields vary by market conditions. Industry integrations (Coinbase) reference potential on-chain lending yields up to 10.8% for USDC in some markets, while platform holding rewards can be lower (around 4.5%). Actual yields depend on supply/demand and onchain rates.
Does the Genius Act prevent exchanges from offering these lending services?
No. The Genius Act bans interest-bearing stablecoins but does not explicitly bar crypto platforms from offering lending services where users borrow or lend stablecoins. Legal interpretations may evolve, and platforms cite that lending is a distinct activity from stablecoin reserve yields.
Key Takeaways
- Integration: Crypto.com integrates Morpho on Cronos to enable wrapped BTC/ETH lending for stablecoin yield.
- Market impact: Morpho is among the largest DeFi lenders with ~ $7.7B TVL (DeFiLlama); similar Coinbase moves highlight broader exchange-driven DeFi access.
- Action: Users should assess collateral, monitor on-chain APYs, and review regulatory context (Genius Act implications) before participating.
Conclusion
The Crypto.com–Morpho integration on Cronos brings an accessible bridge between centralized app interfaces and DeFi lending markets, allowing wrapped ETH and BTC to be used as collateral for stablecoin borrowing and yield. Watch yields, market liquidity, and regulatory guidance as vaults roll out this year; COINOTAG will update coverage as new data and official announcements emerge.
Published: 2025-10-02 | Updated: 2025-10-02 | Author: COINOTAG
