Daily Market Updates: cirBTC borrowing on Morpho tops $190 million as USDC usage shifts

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At close · Thu, Oct 8, 2026

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Home›Crypto›Market Structure›cirBTC borrowing on Morpho tops $190 million as USDC u…

cirBTC borrowing on Morpho tops $190 million as USDC usage shifts

Nearly all supplied USDC is being borrowed in the main market, up from 8.1% when Circle Mint opened access on Sept. 21.

Reported · Written up by our desk · Market Structure

The Defiant reports that cirBTC borrowing on Morpho has surpassed $190 million as arc liquidity tightens.

The outlet says about 97.4% of supplied USDC is borrowed in the main market, versus 8.1% when Circle Mint opened access on Sept. 21.

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Sources

The DefiantcirBTC Borrowing on Morpho Tops $190 Million as Arc Liquidity Tightens

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