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Global Dollar (USDG) Lending on Morpho Reaches $115 Million Within 18 Days

The market’s TVL rose from $44 million in an earlier reading.

By Enna Lee
Published
Mentioned assets
Silver tokens beside a clear glass lending pool / TokenPost.ai
Silver tokens beside a clear glass lending pool / TokenPost.ai

The Arbitrum market on Morpho reached $115 million in total value locked for Global Dollar (USDG) lending within 18 days of launch.

The $115 million figure is TVL for USDG lending on Morpho. It measures the market’s lending activity, not USDG’s total circulation across networks. Users can lend or borrow USDG through the market.

Paxos introduced USDG on Arbitrum One on Oct. 6, and Morpho offered lending at launch. A previous reading for the same market was $44 million in TVL.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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