
Ledger Adds Morpho Loans Against Wrapped Bitcoin
- —Loans in USDC and USDT are available on Ethereum against WBTC collateral
- —Pledged collateral sits in Morpho smart contracts
- —Positions can be liquidated if collateral value falls
Why it matters: A major wallet maker embedding DeFi lending broadens retail access to bitcoin-backed borrowing.
Source: The Defiant