Tokenization Pioneer Centrifuge Reveals Real-World Asset Lending (RWA) Market With Morpho, Coinbase

“This RWA marketplace with Morpho aims to give these tokens utility,” Vogelsang said in an interview. “If you own a T-bill and you need some USDC for a few hours, days or whatever, you can have that access without having to go through the complicated redemption process, waiting for the issuers to give you dollars back and possibly to pay taxes. So basically instant liquidity without having to buy back the underlying asset that you’re using to borrow from.”