Paxos' USDG Tops $500M in Activity on Morpho
- —USDG activity on Morpho exceeded $500 million
- —Growing interest from fintechs and enterprises
- —Much of the activity appears to occur off-exchange
Why it matters: Rising USDG usage on Morpho could deepen the stablecoin's liquidity and accelerate TradFi-DeFi integration.
Source: Coinfomania