Tempo integrates DeFi lending market Morpho

Odaily reported that Tempo has announced its integration with the DeFi lending market Morpho, bringing a $7.5 billion lending market onto its network. The project’s main business is to provide fintech companies and enterprises developing on the Tempo chain with the functionality to directly lend and borrow on-chain and earn yields on idle stablecoins.

The lending system of Morpho on Tempo will feature customized markets provided by risk management firms Gauntlet and Sentora, and will use the RedStone oracle for pricing. (CoinDesk)