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The Block's Editor-in-Chief, Tim Copeland, was joined by Morpho Co-Founder & CEO Paul Frambot. In this episode, Copeland and Frambot discussed Morpho, a permissionless lending and borrowing infrastructure that allows builders and platforms to create their own products. The discussion also covers Morpho's integration with Coinbase, the evolution of crypto lending, and the potential future of layer-2 solutions and app-specific chains. OUTLINE 00:00 Introduction 00:24 Sponsor break 01:14 What Is Morpho? 05:03 Shifting From End To End Products 07:35 Morpho Token 11:12 Protocol Fees and Monetization 13:13 Surge in TVL 17:27 Evolution of DeFi Lending 21:44 Coinbase Integration 26:37 The Future of Crypto Lending 33:18 The Success of Stablecoins 36:30 App Chains and Layer 2s 40:20 What’s Next For Morpho & Conclusion The Block Newsletters The Block's newsletters bring you the latest news and analysis of the fast-moving crypto and DeFi markets. To subscribe, visit theblock.co/newsletters Guest links: Paul Frambot - https://x.com/PaulFrambot Morpho - https://x.com/MorphoLabs Are you hiring in crypto? Use Campus to quickly find your best candidates with our challenging Crypto Assessment Test. Faster hiring, stronger teams. Sign up for a trial today: theblock.co/campus This episode is brought to you by our sponsor: Awaken Use Awaken to save time and money on your taxes. Go to https://awaken.tax/ to learn more.