TREE NEWS reports: Loans collateralized by cirBTC on Morpho have surpassed $190 million, with roughly 97.4% of the USDC supplied to the main market consumed by borrowing. This contrasts with the 8.1% utilization rate on September 21, when Circle Mint opened access. The surge shows liquidity in the Arc market tightening as demand for stablecoin-denominated pools outpaces new supply.
Morpho cirBTC Loans Surpass $190M, Arc Liquidity Tightens
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