Ledger launches Morpho-powered bitcoin-backed stablecoin loans
Ledger unveiled a Morpho-powered Crypto Loan feature at TOKEN2049 Singapore, letting users borrow stablecoins against wrapped Bitcoin while keeping keys on their hardware device. The wallet app defaults to 50% loan-to-value with a 1% borrowing fee, and pledged collateral remains subject to liquidation.
Why “Unverified”
- 2 independent sources (Decrypt, The Defiant), but no primary confirmation
2 independent source groups across 2 posts · evidence score 79/100. How labels work
Market around the story
| Asset | Price at first report | 6h before | 1h before | 1h after | 6h after | 1h move vs normal | 24h volume vs median |
|---|---|---|---|---|---|---|---|
| BTC | $83,942 | +0.11% | −0.21% | −0.20% | −1.2% | 0.6σ | 1.2× |
Returns are measured from the moment the story first appeared. “vs normal” compares the move with the asset's typical hourly move over the previous 30 days.
What the sources claim
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Ledger launched a Morpho-powered Crypto Loan feature that lets users borrow stablecoins against wrapped Bitcoin while keeping private keys and final approval on their hardware device. BTC
“Morpho-powered Crypto Loan feature lets users borrow stablecoins against wrapped Bitcoin while keeping private keys and final approval on their hardware device”
Decrypt -
The Ledger wallet app defaults to 50% loan-to-value and charges a 1% borrowing fee, with pledged collateral subject to liquidation. BTC
“defaults to 50% loan-to-value and charges a 1% borrowing fee, while pledged collateral remains subject to liquidation”
The Defiant
Sources
More on BTC
Summary and claims extracted by deepseek/deepseek-flash with prompt analyze-story@3 on 2026-10-07 16:00 UTC. Labels are computed from the sources, not by the model.