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Morpho adds Robinhood stock tokens as collateral in stablecoin lending markets

NewsFeeds update

Morpho has added Robinhood-issued stock tokens to its stablecoin lending markets, letting users borrow stablecoins against them. NVDA and SPCX launched with a 62.5% liquidation threshold and SPY with 77%, with USDG as the borrowed asset.

StablecoinsChainCatcherAIBullish

Read the original on ChainCatcher

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Every Stablecoins update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.