DeFi has always run on variable rates.
The next unlock is fixed-rate, fixed-term lending onchain.
@PaulFrambot, co-founder and CEO of @Morpho, joined DeFi Drip at the @rwasummit in Cannes.
- The DeFi Mullet, and how Morpho became the backend for major earn products
- Why fixed-rate, fixed-term lending is the unlock for institutional capital
- RWAs as Morpho's fastest-growing collateral category: treasuries, credit, and indices
Watch the full episode ↓
Every major asset issuer is onchain. BlackRock, Apollo, Janus Henderson. $24B in tokenized RWAs on Ethereum and counting.
The supply is here. What's been missing is a platform that makes it composable, liquid, and most importantly - accessible.
That's the wealth layer we're building, and here's the quick preview.
@hong_grvt explains exactly what that means, and why we built it this way. 👇
Tokenization is transforming finance.
This week, major banks planned a tokenized deposit network, payment giants expanded stablecoin settlement, and new asset classes came onchain.
Latest tokenization news ↓
1️⃣ America's biggest banks plan tokenized deposit network
JPMorgan, Citi, Bank of America, and Wells Fargo, alongside 12+ other banks, plan to launch a tokenized deposit network by H1 2027.
https://t.co/F9aE6C1KOf
2️⃣ Mastercard expands card settlement hours via stablecoins
Mastercard announced the use of stablecoins to enable intraday and weekend settlement between card issuers and acquirers across eight blockchains and six regulated stablecoins.
https://t.co/UUKKkXNSJO
3️⃣ Goldman Sachs launches tokenized real estate fund on GS DAP
Goldman Sachs launched a blockchain-native real estate fund on its GS DAP platform, with LRC Group as fund manager and Archax as custodian.
https://t.co/zOWa3xl3OR
4️⃣ Citi releases Tokenization 2030 report
Citi Institute's latest report projects the tokenized real-world asset market growing from $17B today to $5.5T by 2030, with stablecoins reaching $1.9T.
https://t.co/JdipEDYVP0
5️⃣ Ondo tokenized stocks will soon be usable as collateral on @OndoPerps
The RWA perps platform powered by Ondo Finance technology launches Tuesday, June 9 for non-US users.
https://t.co/CvWcWBUKHa
2.0 Release Update:
Thanks for your patience, the dev team jumped on the fixes right away. We know this has taken longer than expected, and we really appreciate how quickly the community flagged the issues. Fixes are in progress and currently going through the Chrome Store review process, which can vary from a few hours to a couple of days.
Version 2.01 is now live. This includes a fix for a storage issue that was impacting users with lots of wallets or larger wallets.
Version 2.02 is on the way as soon as Chrome accepts it. This will include a fix for a dapp transaction crash, a fix for the dapp connector window issue where users were unable to proceed with transactions, and a fix for a migration bug that could leave users stuck after setting a password.
Thanks again for sticking with us while we get this sorted.
Quick note on Lace 2.0 migration and passwords.
Lace 1.0 used a password per wallet.
Lace 2.0 uses one global password for everything.
During upgrade, you’ll set a new global password and confirm each wallet with its legacy password. After that, it’s just one password going forward.
Full guide: https://t.co/pciD3nxWVl
Quick update on Lace 2.0, we’ve been busy behind the scenes smoothing things out and making the experience better with each release.
What’s been fixed:
2.0.3
• Fixed an issue where some users saw a white screen and couldn’t complete migration or connect to DApps
• Wallet migration: resolved an edge case preventing certain legacy wallets (originally imported from Nami) from upgrading from Lace v1 to v2
• Improvements to DApp connector visibility and overall stability
• Faster and clearer loading indicators
2.0.4
• Settings: added a default view mode, switch between Side Panel and Tab with automatic fallback where needed
• Prefer tab view? You can change it once in Settings and it will stay that way
• Security: introduced an auto-lock timer in Wallet Settings (on startup, 1–30 min, or 1 hour) to reduce frequent password prompts
• Swap: fixed missing translations in Spanish and Japanese for some labels
• Swap: deposit is now shown as a separate line item in the review screen for better transparency
More improvements on the way, thanks for sticking with us while we keep polishing things up.
https://t.co/X4gjYA4X2w
$PRINT is coming.
We're excited to announce that $PRINT will be the first token sale powered by Sonar, on Solana
Join us to reshape token creation onchain.
Registration open now
👉 https://t.co/LbCuWA8BIT
More info below 🧵