Circle takes a key step in the DeFi ecosystem by launching USDC loans backed by Bitcoin, delegating liquidation risk management to the Morpho protocol. 🌐

This move streamlines operations for institutional investors and BTC holders looking for liquidity without selling their positions, connecting the leading stablecoin with the security of the primary digital asset. 📈

What to watch? The adoption of these new credit markets and their impact on liquidity utilization rates on Morpho. 🧐

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