Morpho has raised $175 million in the largest DeFi funding round to date, accelerating its expansion in on-chain lending, fixed-rate products, and global credit infrastructure.
Ethereum Foundation deploys 3,400 ETH into Morpho, highlighting immutable, open-source DeFi aligned with its defipunk treasury framework.
Coinbase now offers ETH-backed USDC loans in the U.S., enabling users to borrow without selling their Ethereum holdings.
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