USDG lending on Morpho reaches $44M in TVL
- —USDG lending TVL on Morpho hit $44 million
- —USDG circulates on Arbitrum and serves as a stable lending asset
- —The TVL increase reflects growing stablecoin demand in DeFi
Why it matters: Deeper USDG liquidity on Morpho strengthens Paxos's stablecoin position in DeFi and could draw new participants into the Arbitrum ecosystem.
Source: Coinfomania