TruBit and Morpho bring passive DeFi income to Latin America

The trading and payment platform of cryptography focused on Latin America Trubit has announced the launch of Earn + Powered by Morpho.

Earn + is a new feature that offers a high yield Decentralized finance Loan loan opportunities in Latin America. Integration aims to democratize access to passive income tools by combining a friendly experience of centralized finance with the engine optimized by the efficiency in decentralized finance.

Morpho ranks like the second largest ready Protocol with more than $ 5 billion in deposits and was trusted by major actors such as JammingWho uses Morpho to feed his loan product supported by Bitcoin.

Bride the traditional conviviality of finance

By integrating Morpho into the Trubit and Trubit Pro Exchange portfolio, users have access to institutional quality performance strategies without the need to interact directly with the DEFI protocols.

As the adoption of the crypto develops in Latin America, tools like Gave + can position Trubit as a player by bridging Fiat with Crypto. With an exhibition in Mexico, Argentina, Brazil and Colombia, Trubit focuses on the provision of compliant and new generation financial services adapted to the growing digital economy of the region.

Trubit co-founder and CEO, Maggie Wu, said integration represents a major step for financial tools in Latin America.

“We make decentralized finances with high efficiency more accessible to users of Latam,” said WU. “Winning + allows them to gain passive income in a transparent manner while guaranteeing flexibility and security in the management of their assets.”

The CEO of Morpho, Paul Frambot, said that the partnership had enabled Trubit to build more quickly and more profitable and to avoid the risks of modern DEFI protocols.

“Morpho’s immutable infrastructure has enabled Trubit to keep the property of products full while giving users access to the best available risk adjusted yields,” said Rracot.