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Morpho Opens Borrowing Against Coinbase's Tokenized Stocks

The Defiant · · Exchanges · Ethereum · DeFi

Lending and borrowing against Coinbase's tokenized stocks is live on Base, Morpho said in a post on X. Holders can pledge the tokens and draw USDC at variable or fixed rates. The markets make Coinbase's stock tokens collateral. Coinbase began issuing them in August for users outside the United......

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