Stablecoins can move value fast. Institutions still need clarity before payment rails can scale. Morph’s @itsmerenna spoke with @BeInCrypto on why the CLARITY Act matters for stablecoin classification, compliance, and payment integration. Read more ↓

Morpho is coming to @arc Today: $2,500,000,000+ in USDC already earning yield on Morpho. Soon: the open credit network will power the Economic OS built for the internet-native economy.

morpho blue hit $4.1b in active borrows. that's 35% of aave v3's entire $11.7b borrow book, achieved in 18 months. the mechanism is simple: aave's pooled model bleeds $50m+/year in spread inefficiency between lenders (3-4% on USDC) and borrowers (5-8%). morpho's isolated markets and curator model collapse that spread, paying lenders 6-9% at comparable or lower borrow rates. gauntlet curates $1b+ in morpho vaults. steakhouse manages $600m+. bitwise onboarded in april. coinbase routes BTC-backed loans through morpho. aave's dominance went from 70% to ~47% and V4 has no launch date. every quarter morpho locks in another curator relationship is a quarter aave can't get back. the lending market is repricing around capital efficiency and the rotation has barely started.

morpho generating $15m in monthly fees, $12b in deposits, coinbase chose it over aave for base lending, fireblocks integrated it for 2,400 clients. apollo is accumulating 90m MORPHO governance tokens over 48 months. tokenholders currently receive $0 in fee distributions. a $696b AUM asset manager does not spend 4 years accumulating governance power in a fee-generating protocol to leave the fee switch off. the gap between protocol revenue and token value accrual is the widest in defi right now

🦋 @Morpho is now live on @KaiaChain. Bringing you more ways to put your assets to work on Kaia. This is how we scale the foundation for stablecoins, RWAs and onchain finance across Asia.

The Morpho team has been cooking these past 3 months, but our ambitions go far beyond what we've shipped. We're hiring aggressively across nearly every role. Apply if you want to join the most ambitious team in crypto.