Wirex has integrated Morpho vaults, managed by Gauntlet, into its business accounts, allowing automatic conversion of USD and EUR deposits into USDC and EURC. These funds are then deposited into the Morpho vaults, with Gauntlet overseeing risk management and strategy. Over $10 million in business funds have already benefited from this yield-generating feature. Wirex plans to extend this service to GBP, AUD, and HKD accounts and introduce Bitcoin-collateralized business loans.
Wirex Integrates Morpho Vaults for Yield on Corporate USD and EUR Funds
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
