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.
** Stablecoin-only book (96% USDC) deployed entirely on Ethereum into Morpho Blue lending markets. Balanced 50/50 split between passive stablecoin holding and active lending exposure. Mid-range risk (27/100) and complexity (35/100) reflect vanilla lending protocol positioning without multi-chain or exotic asset exposure.
** $5.7M concentrated in single USDC/Ethereum vault at 5.70% APY; collateral composition routed to unmapped Morpho Blue markets obscures underlying credit and liquidation risk. USDT and RLUSD vaults negligible ($0.2M, $0M). Structural risk: opaque counterparty exposure via unmapped market routing and single-chain, single-stablecoin concentration.