Today, in collaboration with @MorphoLabs, we're introducing Embedded Crypto-Backed Loans. A new way for wallets, exchanges, and fintech applications to offer instant, non-custodial, and web2-like stablecoin loans directly in their products. Available now on @arbitrum, @0xPolygon, @optimism, @base, and @Scroll_ZKP. Coming soon to @katana. 👇
Read the full announcement ↓
Embedded Crypto-Backed Loans are enabled by combining Morpho’s decentralized lending protocol with Gelato’s Smart Wallet SDK (EIP-7702, gas abstraction, embedded wallets) into a single embeddable toolkit. Launch crypto-backed lending in days without building custody, infra, or auth.
For your users, the flow is simple: ⬩ Create a smart wallet in one click with email or social ⬩ Deposit crypto, like BTC, as collateral ⬩ Borrow USDC instantly ⬩ Repay anytime ⬩ No credit checks or KYC All within your app. No seed phrases. No gas fees. No wallet popups.
🛠️ Under the hood: ⬩ Lending infrastructure by @MorphoLabs ⬩ Smart Wallet SDK by Gelato Crypto-backed loans are fully non-custodial, onchain, embeddable, and simple to integrate. No infra to build, smart contracts to write, or funds to custody.
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