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Morpho Brings Stock-Backed Loans to Base Using Coinbase Tokens
Morpho has launched stock-backed loans on Coinbase’s Base network, allowing users to borrow funds using tokenized Coinbase stocks as collateral. The move could significantly blur the lines between traditional finance and decentralized finance.
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Base Lending Hits Record $2.75B: Morpho and Aave Lead Growth
Base lending reached an all-time high of $2.75 billion on September 10, fueled by Morpho and Aave. The milestone highlights the rapid growth of DeFi credit markets on Coinbase’s Layer 2 network and signals a maturing ecosystem for decentralized lending.