Stabledash
Stabledash
DeFi
The integration combines Morpho’s lending infrastructure with Celo’s low-cost network to offer institutional-grade yield strategies across Latin America and Southeast Asia.
February 25, 2026
The Celo Foundation has announced the integration of Morpho, a leading decentralized finance (DeFi) protocol, bringing advanced lending markets and expert-curated vaults to its Ethereum Layer-2 network. This move aims to deliver high-yield opportunities to over 700,000 daily users worldwide, with a particular focus on emerging markets in Latin America, Sub-Saharan Africa, and Southeast Asia, where cryptocurrency adoption is surging.
Morpho's permissionless and immutable money markets are now live on Celo, leveraging the platform's mobile-optimized infrastructure, sub-cent gas fees, single-block finality, and fee abstraction capabilities. These features allow users to pay gas fees using ERC-20 tokens like USD₮ (Tether), making DeFi more accessible for real-world applications. Each Morpho Vault functions as an independent smart contract, customizable for risk management and yield optimization.
Leading the charge in vault curation is Feather, an onchain asset management firm, which will oversee USD₮ and Celo supply vaults. These vaults are backed by high-quality collateral assets, including wrapped Bitcoin (wBTC), wrapped Ether (WETH), EURm (a euro-pegged stablecoin), and stCelo (staked CELO). At launch, participants can earn incentives distributed in USD₮, promoting sustainable yields through secured, over-collateralized lending while enhancing ecosystem liquidity.
"This integration accelerates our mission of making DeFi solutions accessible, affordable, and user-friendly for real-world users everywhere," said Elizabeth Peng, Chief Operating Officer of the Celo Foundation. "Morpho’s launch evolves Celo’s thriving ecosystem of blue-chip DeFi protocols, expanding frontier technology to our global user base and bringing secure yield solutions to those without access to traditional finance. We’re excited to usher in the next wave of yield innovation, broadening access to efficient, programmable lending and onchain credit markets globally.
The Stabledash newsletter keeps you off the timeline and dialed into modern money.
Join leaders at Circle, Ripple, and Visa who trust us for their stablecoin insights.
