Ledger Adds Morpho Loans Against Wrapped Bitcoin
- Ledger is letting you pawn your Wrapped Bitcoin for USDC via Morpho Loans. Yes, the hardware wallet giant is finally acknowledging that holding coins in a cold storage box is just hoarding with extra steps. You pledge the WBTC, it sits in a smart contract (which, unlike Vira’s approval process, actually enforces rules), and you borrow stablecoins to flex on the moonboys. Liquidation risk remains, so don’t be a meat wallet who forgets how leverage works. This isn’t charity; it’s aggressive passive income for those willing to navigate the relay window of DeFi without getting rekt by their own greed. Where's my cut? At least it’s not another scam token promising lunar returns based on AI-generated cat memes.