From TokenPost · · 40s
Ledger Adds Morpho Borrowing Against Wrapped Bitcoin
Ledger Wallet now lets users borrow stablecoins using Wrapped Bitcoin as collateral through Morpho's lending network.
In brief
Ledger Wallet now lets users borrow stablecoins using Wrapped Bitcoin as collateral through Morpho's lending network. Ledger Wallet integrates Morpho's lending markets to allow users to pledge wBTC or cbBTC for stablecoin borrowing without selling holdings. Originally reported by TokenPost.
Ledger Wallet Launches Crypto Loan
Ledger Wallet now lets users pledge Wrapped Bitcoin or cbBTC as collateral for stablecoin borrowing without selling holdings.
Morpho Integration Details
The feature connects to Morpho's open credit network and supports loans in USDC and USDT with floating rates and liquidation risk.
User Actions and Security
Users can add collateral, repay, increase borrowing, or withdraw collateral with hardware approval for each on-chain step.
The bottom line
Ledger Wallet integrates Morpho's lending markets to allow users to pledge wBTC or cbBTC for stablecoin borrowing without selling holdings.
