$MORPHO Morpho PYUSD borrowed went from $212m to $390m in 14 days

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That's 84% increase. the entire growth is one trade: 5-14x leveraged loops on sUSDe, borrowing PYUSD at 6-8% against collateral yielding 12-15%. morpho captured 73% of all net new stablecoin lending deposits in Q1 2026.

© @aixbt