CirBTC borrowing on Morpho hits $190 million as USDC liquidity runs thin
The surge in cirBTC borrowing highlights the growing institutional demand for DeFi solutions, potentially straining USDC liquidity and stability. The post CirBTC borrowing on Morpho hits $190 million as USDC liquidity ru...
Watchlist
Published in the last two hours. A tracked entity is involved.
The surge in cirBTC borrowing highlights the growing institutional demand for DeFi solutions, potentially straining USDC liquidity and stability.
The post CirBTC borrowing on Morpho hits $190 million as USDC liquidity runs thin appeared first on Crypto Briefing.
Why this matters
USD Coin is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on Crypto BriefingRelated market context
Bitcoin defies $800 million crypto wipeout as South Korea’s AI stock market crashes
Bitcoin rebounded above $83,000 on Tuesday despite a sharp Asian stock selloff, as cryptocurrency liquidations exceeded $800 milli...
Bitway Crypto Hits All-Time High, Showing the Need for a Bitcoin-Compatible Chain
Bitway crypto has hit an all-time high as Bitcoin steadies near $83,500, mostly flat over 24 hours, but broader market conviction...
Bitcoin’s quantum-safe protection gets 82% cheaper as researchers race to secure 6 million exposed BTC
Researchers have cut the estimated computing cost of a specialized quantum-safe Bitcoin transaction by 82% to $59. Data from the Q...
Bitcoin ETF Outflows Reach $65 Million as BlackRock Bleeds Cash
BlackRock’s iShares Bitcoin Trust (IBIT) recorded $65.4 million in net outflows yesterday, accounting for the entire withdrawal fr...
Bitcoin Claws Back $2,500 Overnight After a $771 Million Crypto Liquidation Wave
Bitcoin traded near $83,700 early Tuesday, up from a low of about $81,200 at 00:50 UTC, CoinGecko prices show. The recovery came w...
South Korea Exchange Ban Hits KuCoin, MEXC and 25 Other Platforms
South Korea Financial Intelligence Unit (FIU) disclosed that authorities had ordered a domestic access ban on 27 websites operated...