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Ledger Adds Morpho Loans Against Wrapped Bitcoin
Published Source: The DefiantRead original
Crypto Insight Summary: Eligible users can borrow USDC or USDT on Ethereum, while pledged collateral sits in smart contracts and remains subject to liquidation. Crypto Insight Analysis: Direction: Bullish WBTC / Neutral ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Increased WBTC utility through lending boosts demand, but impact limited to specific use case.