Stock Tokens of @RobinhoodCrypto are now live on Morpho.
Holders can borrow stablecoins against their stock tokens, drawing on $1B+ supplied to Morpho on Robinhood Chain.
Much of that liquidity comes from the Robinhood App’s Earn feature powered by @Morpho, which started the flywheel: more stablecoins come onchain, liquidity gets deeper, and borrowing gets more competitive against new collateral.
(Not available to US persons or persons in other restricted jurisdictions)
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Robinhood Stock Tokens are live on Morpho
Users can now use Stock Tokens as collateral to borrow stablecoins.
Any app can integrate credit markets for Stock Tokens, with Morpho as the credit network and Robinhood Chain by @RobinhoodCrypto as the tokenization infrastructure.
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