Crypto

Morpho and Coinbase Team Up to Bring DeFi Lending to Brazilian Market

Guavy AI Editorial Team Published September 9, 2026

Instruments

USDC

Coinbase has expanded its DeFi Earn product to Brazil through an integration with Morpho, the on-chain lending protocol operating on the Base network.

The integration allows Coinbase users in Brazil to earn interest on their USDC holdings using Morpho's lending protocol.

Morpho has hit a significant milestone, recording $5 billion in active debt on September 1, 2026, with stablecoins representing 95% of total loans.

The Wire

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