Centrifuge collaborates with Morpho and Coinbase to launch an institutional RWA lending market

ChainCatcher news, according to CoinDesk, Centrifuge has partnered with Morpho and Coinbase to launch an RWA lending market aimed at institutions. This market relies on Coinbase's Layer 2 network Base and the Morpho Vaults system, using three tokenized U.S. Treasury bonds as collateral, including Centrifuge's Anemoy fund, Midas's short-term U.S. Treasury bonds (mTBILL), and Hashnote's U.S. Yield Coin (USYC). This is the first time Ethereum-driven Coinbase validation has been used in the lending market, aiming to provide instant liquidity without the need to redeem U.S. Treasuries.