Institutions entering onchain credit changes the product.
“What’s the yield?” becomes:
> who’s the counterparty?
> will compliance sign off?
> how does risk evaluate it?
That’s why we’re now seeing private credit, non-USD stablecoins and entirely new credit primitives move onchain.
@shanandwater, APAC Lead at
@Morpho shares more in our pre-
@Vault__Summit Singapore Livestream.