Bitwise has launched its inaugural on-chain vault utilizing the DeFi lending protocol Morpho, focusing on deploying USDC in overcollateralized lending markets with a target yield of up to 6%. The company plans to potentially support additional stablecoins and crypto assets in the future. Furthermore, Bitwise aims to expand into various DeFi strategies including real-world asset tokenization and liquidity provision for decentralized exchanges.

#DEX #USDC