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INSIGHT: "Many people today in the world don't have access to credit and because the system will be open, it'll be able to connect you." @Morpho's @PaulFrambot on why moving lending onchain isn't just about better rates. It's about access for people the traditional system has
Morpho's co‑founder Paul Frambot said moving lending onto blockchain will open the system, allowing people who currently lack credit access to obtain loans.
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What happened
Morpho’s co‑founder Paul Frambot said moving lending onto blockchain will open the system, allowing people who currently lack credit access to obtain loans.
Confirmed
Global impact / market context
If blockchain lending can reach unbanked borrowers, it could expand the total pool of credit users, driving new demand for decentralized finance services and potentially increasing overall lending volume.
Analyst inference
Traditional finance still excludes many individuals from credit, so a transparent, open on‑chain system could attract users seeking alternatives, influencing the growth trajectory of DeFi lending platforms.
Analyst inference
What to watch
- Adoption rates of on‑chain lending protocols, measured by new borrower addresses, will indicate whether the promised access is materializing. Proposed
- Regulatory developments around crypto‑based credit services could affect how easily these platforms can serve unbanked users. Proposed
- Competitive responses from traditional lenders launching digital credit products may shape the overall market share of blockchain lending. Proposed