Crypto-trading and payment platform Trubit, aimed at Latin America, announced the launch of Earn+ Powered by Morpho.
Earn+ is a new function that offers areas with a high-efficiency decentralized financing loans to users in Latin America. The integration is intended to democratize access to passive income tools by combining a user-friendly experience of centralized financing with the revenue-optimized engine of decentralized financing.
Morpho ranks as the second largest decentralized credit protocol with more than $ 5 billion in deposits and is familiar by large players such as Coinbase, who uses Morpho to provide its bitcoin-stunned loan product.
Bridging traditional financial usability
By bed in the trubit wallet and Trubit Pro Exchange, users have access to institutional degrees access without having to communicate directly with Defi protocols.
As the adoption of crypto grows in Latin -America, tools such as Earn+ Trubit can position as a player in bridging Fiat with Crypto. With exposure to Mexico, Argentina, Brazil and Colombia, Trubit is aimed at providing conforming financial services of the next generation that are tailored to the growing digital economy of the region.
Trubit co-founder and CEO Maggie Wu stated that integration is an important step forward for financial aids in Latin America.
“We make a high-return financing that is more accessible to Latam users,” said Wu. “Earn+ enables them to earn a seamless passive income and at the same time guarantee flexibility and security when managing their assets.”
Morpho CEO Paul Frambot stated that the partnership has enabled Trubit to build faster and more cost-efficient and to avoid the risks of upgradable Defi protocols.
“The unchanging infrastructure of Morpho has trubit able to maintain full product ownership, while users get access to the best risk-corrected yields available,” said Rambot.
