DeFi· ★★★· neutral·

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