Morpho has opened lending markets for five Coinbase tokenized stocks on Base, with users pledging $104,401 in stock tokens and borrowing $54,652 in USDC against them so far. According to Morpho, holders can now use the Coinbase issued assets as…
Holders of five Coinbase stock tokens can pledge them for USDC loans on Base.
Morpho's stock-backed loans on Base could revolutionize DeFi by enhancing liquidity options and integrating traditional finance assets.
