Stablecoin issuers are now among the top 20 holders of US Treasury bills.
Stablecoin issuers are now among the top 20 holders of US Treasury bills.
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.
** Concentrated stablecoin-and-ETH book (60/40 USDC/WETH) deployed primarily on Ethereum (76%) with modest Base exposure. All four vaults route exclusively to Morpho Blue's unmapped markets; risk and complexity held flat across products (26/100, 35/100) despite labeling variance ("Conservative" vs. "Dynamic"). Portfolio weighted to fixed-income yields (70% lending).
** $1.8M TVL fragmented across four small vaults; cap-weighted APY 2.68% reflects USDC bias toward higher-yielding Base vault (3.88%) offset by larger WETH vault (1.46%). Complete opacity on underlying collateral quality and counterparty risk—all exposure funnels through Morpho Blue unmapped markets with no visibility into reserve composition, liquidation haircuts, or concentration risk.