invest1 distinct publisher
Coinbase's retail borrowers now carry a quarter of Morpho's record $5bn loan book
Messari puts Morpho's outstanding loans at a record $5bn, with 95% of it stablecoin credit. About $1.3bn of that comes from Coinbase customers borrowing USDC against $2.5bn of cbBTC, and that prices out as a 52% loan-to-value book, not a leverage book.
Publishers:cryptopolitan.com
Reality
- Evidence50
- Adoption78
- Hype gap+15
- Incentives70