Wrapped Assets for Stablecoin YieldCrypto.com will integrate the decentralized finance protocol Morpho into its platforms, allowing users to borrow stablecoins against wrapped crypto assets and earn yield, the firms said Thursday. By allowing stablecoin yields within regulatory limits, it adds a new layer of competitiveness against traditional banks. Morpho’s Rise in DeFi LendingMorpho has emerged as the second-largest DeFi lending protocol after Aave, with about $7.7 billion in total value locked, according to DefiLlama. Investor TakeawayWith regulators still defining boundaries, yield-bearing stablecoin lending could face scrutiny. Stablecoin lending markets on Cronos could expand Crypto.com’s appeal in Asia, while Coinbase is testing demand among U.S. customers.