Stripe-backed Tempo taps $7.5 billion DeFi lender Morpho to expand beyond payments
60-second summary
Tempo, backed by Stripe, is tapping Morpho, a $7.5 billion DeFi lender, to expand beyond payments. This move integrates onchain yield and lending into Tempo's platform, aiming to offer full-stack onchain finance to companies building on it. The integration will cater to growing demand for comprehensive financial services within the Tempo ecosystem, driving adoption and growth.
The move brings onchain yield and lending to the payments-focused chain in a bid to offer full-stack onchain finance platform to companies building on it.