【Market Update】Ledger brings Morpho lending into its wallet: Users can now use wrapped Bitcoin (WBTC) as collateral in the app to borrow USDC or USDT on Ethereum. The service is integrated through Yield.xyz, with lending powered by the Morpho protocol. The key change is in the custody structure: collateral is no longer simply held in a hardware wallet, but is placed in a smart contract, where it remains exposed to liquidation if prices fluctuate. You can borrow without selling your coins, but you need to keep a close eye on the liquidation threshold. Would you use WBTC as collateral to borrow stablecoins, or would you rather avoid on-chain lending? Share your thoughts in the comments.
$BTC $ETH $MORPHO
#DeFi借贷 #硬件钱包 #Morpho
(Source: The Defiant)
⚠️Risk Warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risks; please exercise caution.