Morpho to Launch on Arc With More Than $2.5 Billion in USDC Already Earning Yield

The announcement says Morpho will come to Arc, positioning the open credit network as infrastructure for an internet-native economic system built around onchain lending.

USDC
MORPHO

Summary

Morpho said it is coming to Arc and highlighted that more than $2.5 billion in USDC is already earning yield on Morpho. The statement describes Morpho as an open credit network, meaning a lending system that allows borrowers and lenders to connect through blockchain-based markets, and says it is intended to help power an Economic OS for the internet-native economy. The announcement points to Morpho’s role in decentralized lending, where users can supply stablecoins such as USDC to earn returns through onchain credit markets.

Terms & Concepts
  • USDC: A U.S. dollar-pegged stablecoin designed to maintain a 1:1 value with the dollar.
  • yield: The return earned on deposited assets, often generated through lending or other onchain financial activity.
  • open credit network: A blockchain-based lending framework that allows capital to move through transparent, programmable credit markets.