Robinhood is rolling out a Crypto Earn product on Morpho using Maple Finance’s syrupUSDG, while Standard Chartered initiated coverage and highlighted Morpho’s Vaults architecture for institutional use.
Morpho received two institutional endorsements in one day as Robinhood began rolling out a Crypto Earn product powered by the decentralized lending protocol and Standard Chartered initiated coverage of MORPHO. The token rose more than 12% on the day. Robinhood’s lending service is available to eligible users through the Robinhood app and Robinhood Chain, with the first Earn vault curated by Steakhouse Financial and approved to use Maple Finance’s syrupUSDG as collateral. Maple describes syrupUSDG as an institutional on-chain credit product backed by the regulated Global Dollar stablecoin, USDG, which is issued by Paxos on behalf of the Global Dollar Network. Standard Chartered said Morpho’s modular Vaults architecture supports institutional asset managers, fintech platforms and tokenized real-world assets, underscoring growing institutional confidence in Morpho’s infrastructure as Robinhood expands access over the coming weeks and Maple plans broader chain support.