Trubit, a Latin America-based cryptocurrency exchange with regulatory licenses in Mexico and Argentina, offers users in the region a decentralized financing (DEFI) dividend product driven by Crypto Lender Morpho.

Catering for a growing demand for crypto-supported lending, this step from retail exchanges is about creating an easy way for users to interact with decentralized, automated loans and borrowing, a so-called “defi multe” (fintech in front end, defi back).

Morphos Trubit Partnership follows the Defi Lending Protocol’s announcement earlier this year with Coinbase to offer Bitcoin-backed loans.

“We think fintech ahead and defi back really is the way defi will scale,” said Morpho co-founder Merlin Egalite in an interview. “If you look at the Defi landscape right now, it’s still pretty nerdy and technical. Integrating Defi into Fintech companies provides a less cumbersome and more well -known user experience.”