Ledger Adds Morpho Loans Against Wrapped Bitcoin
Eligible users can borrow USDC or USDT on Ethereum, while pledged collateral sits in smart contracts and remains subject to liquidation.
AI summary
Ledger has integrated Morpho lending so eligible users can borrow USDC or USDT on Ethereum using wrapped Bitcoin as collateral. The pledged collateral sits in smart contracts and remains subject to liquidation. This is a product feature announcement rather than a market-moving event, though it modestly expands DeFi credit access for BTC holders.
