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Standard Chartered Backs Morpho, Then Robinhood Puts It to Work

Standard Chartered Backs Morpho, Then Robinhood Puts It to Work

BeInCryptoBeInCrypto2026/07/01 19:39
By:BeInCrypto
Morpho received two major institutional endorsements in a single day after Standard Chartered initiated coverage of the DeFi lending protocol and Robinhood unveiled a new Crypto Earn product powered by Morphos infrastructure. The back-to-back developments strengthen Morphos position as one of the fastest-growing decentralized lending platforms competing alongside Aave. The MORPHO tokens price is up over 12% on the day. MORPHO Price Performance. Robinhood Brings Morpho to Mainstream Users Robinhood has begun rolling out its Crypto Earn product, a decentralized lending service powered by Morpho, to eligible users through the Robinhood app and Robinhood Chain. Robinhood Earn is rolling out to eligible US customers.Lend USDG onchain through a self-custody wallet and earn an estimated 7% APY.APY subject to change. The first lending vault is curated by Steakhouse Financial and incorporates Maple Finances newly launched syrupUSDG, an institutional credit product backed by the regulated Global Dollar (USDG) stablecoin issued by Paxos on behalf of the Global Dollar Network. According to Maple, the company has originated more than $22 billion in institutional loans since 2022. Through the new integration, Robinhood users will gain access to on-chain credit strategies built on Morphos open lending infrastructure. Morpho provides the open credit network that enables specialized credit strategies to reach users at scale, Morpho CEO and co-founder Paul Frambot said in the announcement. Standard Chartered Strengthens the Bullish Narrative The Robinhood announcement follows Standard Chartereds decision to initiate coverage on MORPHO, calling the protocol one of the strongest long-term plays in decentralized finance. The bank highlighted Morphos Vaults architecture as a key differentiator, arguing that its modular design makes it well suited for institutional asset managers, fintech platforms, and tokenized real-world assets. Analysts also pointed to the protocols rapid growth and expanding integrations across the digital asset ecosystem. Together, the research note and Robinhood integration suggest growing institutional confidence in Morphos infrastructure rather than simply its token. Whats Next for Morpho? Robinhood said access to Crypto Earn will expand gradually over the coming weeks, while Maple plans to extend syrupUSDG to additional blockchain networks beyond Ethereum and Robinhood Chain. Robinhood Earn, powered by MorphoMillions of eligible @RobinhoodApp users can now earn onchain yield from a Morpho Vault curated by @SteakhouseFi via noncustodial wallets.This is how we bring the benefits of onchain finance to the world. For investors, the latest announcements suggest Morpho is evolving from a leading DeFi lending protocol into critical financial infrastructure for regulated stablecoins, institutional credit, and mainstream fintech platforms, a trend that could further accelerate adoption as tokenized finance continues to grow. Read the article at BeInCrypto
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