Stable Partners with Morpho to Enhance Lending Capabilities and Generate Stablecoin Yield
Stable, a blockchain network focused on institutional-level payments, has announced a partnership with Morpho, a decentralized lending protocol, to integrate lending capabilities across its ecosystem. This collaboration aims to enable users to generate income through unused credit, particularly on idle stablecoin balances, including the Earn feature of its digital app, Stable Pay.
Key Benefits of the Partnership
The integration of Morpho into Stable’s ecosystem is designed to make the project one of the most capital-efficient networks, allowing both institutional and private users to generate income from idle funds. This partnership addresses the issue of large amounts of unused payment liquidity that could otherwise generate returns, particularly for companies and financial institutions that hold significant amounts of stablecoins for settlements and transactions.
By embedding Morpho’s lending network into the Stable ecosystem, idle balances can be automatically deployed into credit markets, enabling users to generate interest while maintaining immediate access to capital when payment needs arise. This solution is intended to provide a fully auditable system that meets compliance requirements, making it an attractive option for institutional users.
Market Potential and Growth
According to a report from Citigroup, the stablecoin economy is expected to reach a market cap of $4 trillion by 2030. Leaving just 10% of that supply in idle liquidity could cost the industry billions, highlighting the potential benefits of Stable’s partnership with Morpho. By leveraging idle stablecoin balances, users can generate yield, effectively merging the functionality of a savings account and digital wallet into a single platform.
Morpho is known for its transparent, non-custodial credit system and is used by major companies such as Coinbase, Société Générale, and World. The partnership with Stable aims to change the way stablecoins, such as USDT, are used on-chain, bringing them on-chain and enabling sustainable income generation.
Stable Pay and Earn Feature
Stable Pay, the platform’s upcoming digital payment app, will feature Morpho’s lending layer, allowing users to generate income through the Earn feature. The app is currently in the final stages of development, with a waiting list available for users who want to receive priority access at launch, as well as exclusive product updates and early access to new features.
Most recently, Stable received support from PayPal Ventures, the venture arm of the US-based company, with a $28 million funding round. The integration will allow users to use PayPal’s Paxos-powered stablecoin PYUSD for trading and financial transactions on the Layer 1 network stablechain.
For more information, visit https://crypto.news/stable-taps-morpho-as-lending-partner-to-generate-stablecoin-yield/
