TREE NEWS reports: cirBTC-collateralized borrowing on Morpho has surpassed $190 million, with roughly 97.4% of the USDC supplied in the main market having been borrowed. This contrasts with an 8.1% utilization rate at the time Circle Mint opened access on September 21. The surge reflects tightening liquidity in the Arc market as demand for stablecoin-denominated pools outstrips fresh supply.
cirBTC Borrowing on Morpho Tops $190M, Arc Liquidity Tightens
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