Coinbase Launches Two USDC Lending Vaults on Morpho With Yields Up to 8.79%

USDC-0.02%
MORPHO-1.82%
BTC-0.46%
According to ChainCatcher, Coinbase launched two USDC lending vaults on Morpho on Wednesday, managed by risk curator Steakhouse Financial. The Prime vault employs a conservative strategy backed by blue-chip assets like Bitcoin and Ethereum, offering yields of 3.5% to 4%. The High Yield vault accepts a broader collateral basket including Ethena-issued assets, with annualized yields around 8.79% for its USDtb (Ethena's Treasury-backed stablecoin) strategy vault.
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