Coinbase introduces new DeFi lending option for USDC holders, partnering with Morpho protocol and Steakhouse Financial. Users can potentially earn yields of up to 10.8%, in addition to the existing 4.5% APY rewards offered by Coinbase. Morpho ranks among the largest decentralized lending protocols, with over $8.3 billion TVL.

Americans show increasing interest in DeFi platforms, with 40% open to using protocols pending crypto legislation. DeFi lending has surged 72% among institutional investors this year, according to Binance Research. The intersection of DeFi and AI calls for transparent security measures to protect users and investments in the space.

DeFi lending for yield faces scrutiny post-US GENIUS Act, which bans yield-bearing stablecoins. BPI urges regulators to close loopholes allowing exchanges to provide yield through third-party partners. Stablecoin adoption accelerates, with over $300 billion in circulation, sparking debate on stablecoins’ impact on traditional banking and lending practices.

Read more at Cointelegraph: Coinbase Integrates Morpho to Offer Up to 10.8% USDC DeFi Yield