Trubit, an exchange of cryptocurrencies based in Latin America with regulatory licenses in Mexico and Argentina, offers users in the region a product of decentralized finance performance (DEFI) promoted by the cryptographic lender Morpho.
Attacking a growing demand for loans backed by crypto, this movement for retail exchanges is about creating an easy way for users to interact with loans and decentralized automated loans, a so -called “Defi Salmonete” (Fintech in the front, defined in the back).
The Trubit de Morpho Association follows the announcement of the DEFI loan protocol earlier this year with Coinbase, to offer loans backed by Bitcoin.
“We believe that Fintech on the front and defi in the back is really the way he defined,” said Morpho co -founder Merlin Egalite, in an interview. “If we look at the Panorama Defi at this time, it is still quite nerd and technical. The integration of Defi in Fintech companies provides a less cumbersome and more familiar user experience.”
