Tokenization Pioneer Centrifuge Unveils Lending Market With Morpho, Coinbase

Tokenization Pioneer Centrifuge Unveils Lending Market With Morpho, Coinbase

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Source: Coindesk.com

The market will allow for the collateralization of and borrowing against Centrifuge’s Anemoy fund, tokenized T-bills from Midas and Hashnote’s U.S. Yield Coin. It’s the first time a permissioned lending market will use Ethereum-powered Coinbase Verifications. The aim is to provide instant liquidity without having to actually redeem the underlying T-bill.

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The post "Tokenization Pioneer Centrifuge Unveils Lending Market With Morpho, Coinbase" appeared first here Coindesk.com.

Source: Coindesk.com

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