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Morpho hits record $4.1 billion in USDC deposits

Morpho's record USDC deposits highlight DeFi's growing role in stablecoin management, but reliance on major platforms poses concentration risks.

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This is an automated desk note from the source headline and excerpt only — not original reporting.

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Headline and excerpt from Crypto Briefing’s public feed. Crypto Briefing holds the copyright and publishes the full story; Dextape links to it rather than reprinting it.

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Terms in this story

Stablecoin
A token designed to track a reference value, usually the US dollar, through reserves, crypto collateral or an algorithm.

Original reporting

Estefano Gomez, Crypto Briefing

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