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Lending and Borrowing

Decentralized finance is transforming traditional lending, offering new opportunities for users to access financial services without intermediaries.

Lending and Borrowing

Decentralized finance is transforming traditional lending, offering new opportunities for users to access financial services without intermediaries.

DeFi’s Role in Future Banking: Root System or Branch Office
Lending and Borrowing   -   Oct 03, 2025 DeFi’s Role in Future Banking: Root System or Branch Office?

DeFi is moving from standalone apps into the backend of exchanges, with Coinbase and Crypto.com leading by embedding Morpho’s lending vaults. This “embedded DeFi” model raises a key question: are exchanges becoming banks, or just UIs? The answer will define DeFi’s role in future banking.

Alex Harutunian
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Lending and Borrowing   -   Oct 03, 2025 DeFi’s Role in Future Banking: Root System or Branch Office?
DeFi’s Role in Future Banking: Root System or Branch Office

DeFi is moving from standalone apps into the backend of exchanges, with Coinbase and Crypto.com leading by embedding Morpho’s lending vaults. This “embedded DeFi” model raises a key question: are exchanges becoming banks, or just UIs? The answer will define DeFi’s role in future banking.

Alex Harutunian
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