Open account

Stripe-Backed Tempo Taps Morpho for Onchain Lending

Stripe-backed Tempo has integrated Morpho’s $7.5 billion DeFi lending marketplace into its blockchain, enabling enterprises to lend, borrow and earn yield onchain without leaving Tempo’s payments infrastructure. The move adds crypto-native lending and curated institutional markets (supported by Gauntlet and Sentora) to Tempo’s stablecoin and payments stack, increasing onchain treasury utility for payment providers and boosting institutional DeFi adoption. Backed by Stripe and Paradigm and supported by partners like Visa, Mastercard and UBS, Tempo’s integration of Morpho and RedStone price feeds could materially expand liquidity and institutional flows into DeFi lending markets, a bullish development for Ethereum-denominated credit markets.

Category

Ethereum

Sentiment

Bullish

Event

Partnership

Reading time

1 min