Overview
- Cronos Labs announced on Oct. 2 a strategic collaboration with Morpho and Crypto.com to expand on-chain lending on the Cronos blockchain.
- Crypto.com will integrate Morpho Vaults into its app and exchange, giving users direct access to decentralized borrowing and lending.
- Morpho Vaults are slated to debut on Cronos in Q4 2025 with stablecoin markets backed by Crypto.com wrapped assets such as CDCBTC and CDCETH.
- Cronos cites network upgrades that cut fees roughly tenfold, reduced block times to under one second, and increased daily transactions by about 400% to support higher throughput.
- The partners plan to explore tokenized real-world asset collateral as a next phase, and CRO gained more than 13% after the announcement.