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-heavy lending curator (79% USDC, 6% USDT) with 58% exposure to permissionless lending protocols. Ethereum-concentrated (98%). Risk profile moderate (26/100) with modest complexity (35/100), targeting 3.84% cap-weighted yield across eight vaults sized $2–$20.8M.
** All five material vaults route collateral directly to Morpho Blue with unmapped counterparties, creating opaque tail-risk concentration. Yield vault APY spread (6.60% vs. 3.71% for USDC) and risk parity across strategies suggest collateral quality or leverage variation is unobservable from on-chain footprint alone.