2026-04-20 17:02:27
A leading exchange expands its crypto lending service to the UK market
A leading exchange announced that its crypto lending service is now available to users in the UK, allowing users to borrow USDC by pledging BTC, ETH, or cbETH, up to $5 million. Morpho, as the back-end infrastructure, provides the service. At present, the collateral available to UK users is limited, while US users can use more crypto assets. This expansion takes place amid intensifying challenges in the crypto lending market, yet Morpho remains in a strong market position.