Coinbase and Morpho add an onchain USDC earning option in Brazil and Canada

Coinbase says eligible customers can deposit USDC into an integrated Morpho route and withdraw without a lock-up period.

Coinbase announced a Morpho integration for customers in Brazil and Canada on September 9. The product is intended to let eligible users deploy USDC onchain and accrue rewards until withdrawal.

Rates and availability can change, and onchain products introduce risks that differ from simply holding an asset in an exchange account. Customers should read the product disclosure and confirm network, custody and withdrawal mechanics.

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Coinbase and Morpho bring USDC earning to Brazil and Canada