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cirBTC Borrowing on Morpho Tops $190 Million as Arc Liquidity Tightens

The Defiant·October 13, 2026·1 min read
cirBTC Borrowing on Morpho Tops $190 Million as Arc Liquidity Tightens

cirBTC borrowing on Morpho topped $190 million as Arc liquidity tightened. About 97.4% of supplied USDC is borrowed in the main market, compared with 8.1% when Circle Mint opened access on Sept. 21. The surge reflects growing demand for the wrapped bitcoin asset.

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