Users will be able to achieve a perfect combination of DeFi yields in the Web3 world with traditional Web2 payment networks on the Morph platform with just one click.

Dedicated to promoting the large-scale adoption of Web3, the global consumer-grade public chain Morph has announced the launch of Morph Pay, creating a comprehensive financial ecosystem that integrates Web2 banking infrastructure with Web3 decentralized finance yield capabilities.

"The launch of Morph Pay demonstrates Morph's mission to make blockchain technology accessible and valuable in the real world," said Cecilia Hsueh, co-founder and CEO of Morph. "We are building an ecosystem where users can use DeFi (decentralized finance) yields for daily consumption while achieving maximum utilization of their assets with complete control over them."

Morph Pay will provide users with a one-stop DeFi yield aggregation solution, supporting annualized returns on crypto asset deposits of up to 30%. Users can automate operations through smart contracts, using DeFi yields directly for daily payments, achieving seamless integration of asset appreciation and payment scenarios. Leveraging the platform's advantages, Morph Pay will support multi-currency payment functions as well as Google Pay and Apple Pay.

In addition, users will be able to participate in exclusive ecosystem airdrops and incentive activities provided by Morph and its ecosystem partners.

"The future of finance lies in bridging the gap between decentralized finance and everyday financial needs," said Azeem Khan, co-founder and COO of Morph. "Morph Pay is pioneering a new paradigm of financial services by connecting the actual consumption capabilities of traditional banking with the accessibility of decentralized finance yields on a unified platform."

Morph's ecosystem will further expand in the future, providing users with a broader range of financial options by adding more partners, merchants, currencies, and payment solutions. It is reported that Morph Pay will soon launch its first payment card in Europe and the Asia-Pacific region, with plans for global expansion.

For more information about Morph Pay, please visit the following link: https://pay.morphl2.io/.

About Morph

Morph is a groundbreaking global consumer-grade public chain dedicated to providing developers with the necessary resources and market channels to achieve large-scale application projects.

Morph employs a hybrid technology solution of ZK roll-up and Optimistic roll-up, and realizes infinite possibilities through decentralized ordering, providing developers with a convenient public chain suitable for building applications that are widely adopted.

Bitget, a leading global cryptocurrency exchange, is one of the early investors in Morph. Bitget will continue to play an important role in the Morph ecosystem and work with other investors to promote the development of the Morph ecosystem.

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