Morpho adds USDC lending for five Coinbase tokenized stocks
Morpho adds USDC lending for five Coinbase tokenized stocks
Morpho has opened lending markets for five Coinbase tokenized stocks on Base, with $104,401 pledged as collateral and $54,652 borrowed in USDC.Apple, Alphabet, Nvidia, Meta and SpaceX tokens are supported, while five other Coinbase stock tokens currently have no Morpho markets.Borrowing jumped from $503 to $42,105 in roughly two hours on Sept. 16 and has since climbed to $54,652.All current borrowing is concentrated in variable rate markets, while Morpho’s 95 Midnight fixed rate markets have no outstanding loans.