Tag
Morpho
3articles
Circle launches Bitcoin-backed USDC borrowing and leaves the liquidation risk with Morpho
Circle has cut the number of screens a treasury desk clicks through to turn Bitcoin into dollars. It hasn’t cut the risk. That still sits inside a Morpho…
Tokenization’s next phase is about utility, not issuance
Roughly $16 billion sits in tokenized US Treasury funds today. Most of it does nothing. It gets held. It gets transferred now and then. Eventually somebody redeems it.…
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