Coinbase's High USDC Yields Get a Temporary Boost from DeFi Lender Morpho

Coinbase has launched a new lending product offering attractive yields on USDC deposits, with rates temporarily elevated by a subsidy from decentralized finance (DeFi) lender Morpho. This collaboration allows Coinbase users to earn up to 10.8% APY, with a significant portion of this yield being "boosted" by Morpho's incentives.