$MORPHO-USD

Standard Chartered's Geoffrey Kendrick highlighted four altcoins: Uniswap (UNI), Aave (AAVE), Morpho (MORPHO), and Arbitrum (ARB). He predicted UNI could exceed $100, AAVE reach $3,500, MORPHO hit $60, and ARB climb to $10 by 2030. The bank expects tokenized assets to reach $4 trillion by 2028.

Zcash (ZEC) rose 9% to $1,662.37, outperforming Bitcoin, driven by a sector-wide rotation into privacy coins. Trading volume increased 20%, with $1.4B in transaction value. Analysts attribute the rally to narrative-driven capital flows. Recent developments include the 21Shares ZEC ETP launch and Coinbase enabling Morpho loans for Zcash as collateral. Traders watch $1,677 for resistance and $1,614–1,633 for support.

Circle now allows eligible institutions to borrow USDC against Bitcoin via a streamlined process, using cirBTC as collateral. The service operates on Arc and Ethereum, with lending terms set by Morpho. As of Sept. 21, the Arc market showed $14.13M in borrows against $162.85M in liquidity, with a liquidation LTV limit of 86%. The service is restricted to certain institutions and excludes New York clients.

Coinbase introduced fixed-rate, bitcoin-backed USDC loans with set terms and repayment dates, using Morpho Midnight on its Base network. The product aims to provide borrowers with more certainty and is part of a broader expansion in crypto lending. Morpho Midnight has around $30 million in deposits, while Morpho Blue has $5.2 billion in outstanding loans. The move is tied to the $16 billion bitcoin-backed credit market, according to a report by Apyx and BitcoinTreasuries.net.

Coinbase has introduced fixed-rate USDC loans backed by bitcoin through Morpho Midnight, complementing its existing variable-rate loans. The new loans have set interest rates and repayment dates. Coinbase's variable-rate loans, offered via Morpho Blue, have over $1.4 billion outstanding, secured by around $3 billion in collateral. Morpho Midnight is also used by market makers and Tenor Labs, with about $30 million in deposits.

Circle launched a service allowing eligible institutions to deposit Bitcoin, mint cirBTC, and borrow USDC through Morpho's lending market. The service is live on Arc and Ethereum, streamlining dollar liquidity access without selling Bitcoin. Morpho sets rates, limits, and liquidation risk. As of Sept. 21, the Arc market showed $14.13M borrowed and $162.85M in available liquidity.

Morpho now allows Coinbase-issued tokenized stocks of Apple, Alphabet, Nvidia, Meta, and SpaceX to be used as collateral for USDC loans on its platform. The initial borrowing amounts are small, but the development marks a new use case for tokenized equities in DeFi. Morpho's integration with Arc, a new blockchain by Circle, and partnerships with institutional validators highlight its growing role in institutional DeFi lending.

Flare has launched a feature allowing XRP holders to borrow RLUSD on Ethereum via Morpho, using XRP as collateral through Flare Smart Accounts. This process eliminates the need for manual bridging or new wallets, potentially increasing utility for FLR and demand for RLUSD.

KuCoin, Morpho, Uniswap, 1inch, and WalletConnect launched on Arc mainnet, enabling liquidity, lending, and trading. KuCoin added deposit/withdrawal support, Morpho introduced isolated lending markets, Uniswap v3 activated concentrated liquidity pools, 1inch deployed its routing API, and WalletConnect integrated for secure connectivity. The goal is to connect wallets, exchanges, and DeFi smart contracts within a single environment.

Morpho (MORPHO) rose over 4% in 24 hours to about $2.04, extending gains to roughly 5% over seven days, after reclaiming $2. DeFi integrations with RAILGUN and Zyfai and Uniswap Earn using Morpho infrastructure supported demand. Santiment reported 5.59M MORPHO left exchanges on Aug. 13. Technical resistance is cited near $2.11.