I’ve been asked a lot what it’s like to partner with both Coinbase and Robinhood when they compete so fiercely. The answer comes down to Morpho’s fundamental purpose: connecting. Morpho is an open credit network designed to connect lenders and borrowers across any boundary (social, geographic, political, …). More borrowers create more demand for capital. More lenders create more competition to fund borrowers. Over time, that means deeper liquidity and better terms for everyone using the Morpho network. Competitors sharing infrastructure isn’t unique to Morpho. Banks compete fiercely for customers while relying on shared payment networks like Visa. Tech companies compete while building on the same internet protocols like HTTP. Credit should work the same way: it works better when you are maximally connected. Our ambition is to bring as much of the world's credit onto one shared network as possible. If you’re building on Morpho, expect us to keep connecting new companies, new markets, new ecosystems, including the ones you compete with, because this is what will make your financial products stronger!