Morpho Opens Stablecoin Borrowing Against Robinhood Stock Tokens
- —Collateral includes tokenized NVDA, SPCX and SPY shares from Robinhood
- —Liquidation thresholds are 62.5% for NVDA and SPCX, 77% for SPY
- —USDG stablecoin serves as the loan asset across all markets
Why it matters: The move links tokenized TradFi equities to stablecoin borrowing in DeFi, broadening collateral options for lending protocols.
Source: The Defiant