Morpho Accounts for $3 Billion of $4.8 Billion DeFi Stablecoin TVL Rise

Your call?🐂 Bullish🐻 Bearish

$3B

Morpho TVL share

$USDC

$71.68B mcap

$USDT

$182.57B mcap

Morpho made up 62.5% of the reported gain. Total stablecoin supply rose $2 billion to $311.6 billion in the third quarter, a broader measure over a different period.