More USDT exists than there are US dollars in the M0 base of several mid-sized countries.
More USDT exists than there are US dollars in the M0 base of several mid-sized countries.
Live data sourced from Morpho Blue API.
Plain-English read on what kind of book this curator runs and how it's currently positioned. Synthesized from their tracked vault footprint — no off-chain reputation claims.
** Single-asset stablecoin book on Base, entirely routed through Morpho Blue lending. Operates at risk 26/100 and complexity 35/100—mid-range for on-chain credit, suggesting passive market-rate deployment rather than active underwriting or exotic structures.
** $0.2M TVL concentrated in one vault, one asset (FXUSD), one chain (Base), one counterparty (Morpho Blue). Structural risk is singular: fund viability depends entirely on FXUSD stability and Morpho Blue's solvency. No diversification; minimal scale.