PANews reported on February 5 that according to an official announcement, the consumer-grade public chain Morph launched the financial platform Morph Pay, which combines DeFi and bank payment functions to support seamless switching between cryptocurrency and fiat currency.

• Integrated account: unified management of crypto and fiat assets to ensure fund security.

• High Yield Deposits: Offers annualized returns up to 30% APY.

• Multi-card payment: compatible with Apple Pay, Google Pay, and supports digital card payments.

• Reward mechanism: Transactions can unlock airdrops and ecological cooperation rewards.

Morph Pay plans to launch first in Europe and the Asia-Pacific (APAC) region, and will launch the first payment card in the future to build a financial system that can connect the Web2 payment network with Web3 DeFi income.