Zug, Switzerland, June twenty fifth, 2025, Chainwire
The partnership provides white-labeled, non-custodial, and Web2-like stablecoin loans embedded instantly in your pockets or utility.
Gelato, the web3 developer cloud platform, along with Morpho, the decentralized lending protocol behind among the most trusted lending infrastructure in Ethereum, immediately introduced the launch of Embedded Crypto-Backed Loans.
The brand new partnership permits Wallets, Brokers, and Fintech Apps to permit their customers to immediately borrow stablecoins, like USDC, utilizing their crypto belongings as collateral. The borrowing circulate has a easy, Web2-like expertise that’s non-custodial and totally onchain. By combining Gelato’s Sensible Pockets SDK with Morpho’s permissionless lending markets, the 2 groups provide a whole borrowing circulate that platforms can securely combine in days.
Crypto-backed loans are totally non-custodial and onchain, ruled completely by sensible contracts. Customers can provoke loans in an onchain checking account powered by embedded pockets infrastructure, 7702-powered sensible accounts, gasless transactions, and the flexibility to execute a number of transactions in a single click on.
Morpho, which Coinbase not too long ago partnered with to allow related BTC-backed loans, brings confirmed lending infrastructure with over $6.5 billion in whole worth locked. Gelato’s Sensible Pockets SDK, utilized by firms akin to Secure, Infinex, and Gnosis Pay, handles account abstraction, one-click onboarding, and fuel sponsorship, enabling functions to ship fashionable, web2-style person experiences.
“We’re excited to see extra platforms deliver crypto-backed loans to customers in a self-custodial manner,” mentioned Paul Frambot, CEO of Morpho Labs. “Morpho is constructed to be built-in, and Gelato makes it simple to ship a seamless UX on prime.”
Embedded Crypto-Backed Loans are designed to satisfy the wants of each client and institutional customers, providing a easy, intuitive interface whereas preserving the non-custodial ensures that customers and platforms more and more anticipate.
Key Options
- Borrow USDC in a single click on utilizing crypto belongings like BTC as collateral
- Absolutely non-custodial and onchain
- No credit score checks required
- One-click pockets creation by way of electronic mail, social login, or passkeys
- EIP-7702 powered Sensible Pockets Account
- Embedded UX with full model management
- Gasless transactions throughout +50 EVM chains
Later this yr, Gelato will introduce new safety and restoration options to increase the sensible pockets stack. These embody passkey authentication, multi-signer two-factor approvals utilizing regulated custodians, and onchain restoration modules tied to electronic mail or social logins. All upgrades are carried out on the sensible contract degree to take care of full decentralization.
A full demo of the product is out there at: https://morpho-aa.demo.gelato.cloud, showcasing the end-to-end borrowing expertise from pockets creation to BTC collateralization and mortgage issuance.
Embedded Crypto-Backed Loans are actually accessible in beta on Polygon, Arbitrum, Optimism, and Scroll, with help for Katana coming quickly. Gelato and Morpho are working carefully with extra chain groups to broaden deployment within the months forward.
About Morpho
Morpho is a decentralized lending protocol, powering open, onchain cash markets. It permits pooled and peer-to-peer borrowing with programmable threat parameters and oracle-based pricing. With over $6.5 billion in whole worth locked, Morpho is among the most generally adopted lending platforms in Ethereum.
Customers can be taught extra at https://morpho.org/
About Gelato
Gelato is Web3’s Developer Cloud, offering enterprises with vital infrastructure to construct web2-like non-custodial functions at scale. It provides developer tooling for sensible wallets, fuel abstraction, and deploying enterprise-grade rollups. Gelato is utilized by main apps, wallets, and protocols throughout the EVM ecosystem to ship seamless, safe, and totally onchain person flows.
Customers can be taught extra at https://gelato.cloud/
Contact
Matthew Hammond
Gelato
[email protected]