Paul Frambot 🦋
@paulframbot
There is now $60M of BTC collateral and $30M of USDC active loans coming directly from the @coinbase App onchain on Morpho on @base. Numbers growing linearly as the app is rolled out to more users.
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Dean Pierce 👨💻🌎🌍
@deanpierce.eth
Does this mean better USDC yield on Coinbase at some point? Wild how much worse it is than Compound or any of the DeFi projects. I like keeping USDC in Coinbase to simplify taxes, but the math feels bad.
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