"GENIUS Bill Passed 🎉"
I see two key points:
1. Recognition of stablecoins for legal issuance and use in mainstream systems.
2. Consumers are clearly protected by law.
Especially the "clear protection for consumers" significantly reduces participation risks.
Many years ago, people were discussing how to break the barriers of web3 and make it mainstream.
🔥 Isn't it here now? And it's led by government legislation from the top down.
This approach is more efficient, rather than the bottom-up method that relies on government approval and operates in gray areas.
Lower risk for stablecoins => Large-scale participation => Ultimately revitalizing web3 prosperity.
To all HODL DEFI mainstream coins:
🎯 I am optimistic about Defi + Payfi + RWA.
However, it seems that after the GENIUS Bill, there hasn't been an explosive increase in these mainstream coins, such as Pendle, Huma, Aave, and Morpho.
But time will prove everything.
I can imagine web2 institutions will be very anxious and fearful because of the bill's passage!
Afraid of missing out on a piece of the pie.
In the future, I expect collaboration projects to be launched one by one, continuously benefiting and pushing Defi and Payfi mainstream coins to new highs.
I sincerely ask you to allocate some tokens related to Defi!!
BITWU.ETH 🔆
⚡Good News: The GENIUS Act, the first federal regulation for stablecoins in the United States, has officially landed, which is the first time that the federal government has recognized the legal existence of stablecoins.
1️⃣ Clear compliance: Stablecoins must be 1:1 US dollars or short-term debt reserves, and the asset composition should be disclosed every month.
2️⃣ Cut off the way for yield-bearing stablecoins: Interest is not allowed, money cannot be made like banks or DeFi protocols, and disguised income design is not allowed.
Traditional stablecoins can no longer engage in income, so what should users do if they still want to earn? - You can only find your way to the chain.
Therefore, the yield logic is stripped away, allowing DeFi (especially the native interest rate market) to take on the role of a passive income source!
✅ Good 👉🏻 for on-chain DeFi native yield protocols
Pendle: The largest structured yield protocol for stablecoins, providing on-chain yield splits and future yield trading.
Morpho, Spark, Aave, Compound: These protocols provide on-chain lending rates and pledge income, which are natural exports for future on-chain interest rate spreads.
❌ Bearish 👉🏻 for CeFi yield-yielding stablecoins & pseudo-DeFi projects
Projects that focus on stablecoins + annualized returns to attract users, especially those without transparent reserves and legal endorsements, may be classified as illegally issuing financial products.
Some RWA projects that use stablecoins as a carrier to earn fixed income: If they cannot meet compliance requirements such as 1:1 and auditability, they may be stuck.
UST is a lesson from the past, so the GENIUS Act directly regulates one-size-fits-all:
If you want to be a dollar, just honestly don't engage in interest. If you want to engage in interest, don't wear the skin of stablecoins!
The second spring of DeFi is really coming!
Show original
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BITWU.ETH 🔆
⚡Good News: The GENIUS Act, the first federal regulation for stablecoins in the United States, has officially landed, which is the first time that the federal government has recognized the legal existence of stablecoins.
1️⃣ Clear compliance: Stablecoins must be 1:1 US dollars or short-term debt reserves, and the asset composition should be disclosed every month.
2️⃣ Cut off the way for yield-bearing stablecoins: Interest is not allowed, money cannot be made like banks or DeFi protocols, and disguised income design is not allowed.
Traditional stablecoins can no longer engage in income, so what should users do if they still want to earn? - You can only find your way to the chain.
Therefore, the yield logic is stripped away, allowing DeFi (especially the native interest rate market) to take on the role of a passive income source!
✅ Good 👉🏻 for on-chain DeFi native yield protocols
Pendle: The largest structured yield protocol for stablecoins, providing on-chain yield splits and future yield trading.
Morpho, Spark, Aave, Compound: These protocols provide on-chain lending rates and pledge income, which are natural exports for future on-chain interest rate spreads.
❌ Bearish 👉🏻 for CeFi yield-yielding stablecoins & pseudo-DeFi projects
Projects that focus on stablecoins + annualized returns to attract users, especially those without transparent reserves and legal endorsements, may be classified as illegally issuing financial products.
Some RWA projects that use stablecoins as a carrier to earn fixed income: If they cannot meet compliance requirements such as 1:1 and auditability, they may be stuck.
UST is a lesson from the past, so the GENIUS Act directly regulates one-size-fits-all:
If you want to be a dollar, just honestly don't engage in interest. If you want to engage in interest, don't wear the skin of stablecoins!
The second spring of DeFi is really coming!
Show original
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Crypto Texan | katana ⚔️
if you’re bullish all three, you can earn yield on all of these assets on @katana
- $LBTC, $BTCK, $vbWBTC
- $weETH, $vbETH
- $uSOL, $jitoSOL
welcome to katana
Andy
You're allowed to be bullish on Bitcoin, Ethereum, and Solana at the same time without making one of them your personality btw
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Travis💡
blue chip crypto like what 🟩👀
Morpho 🦋
Borrow
Against blue-chip crypto like ETH, BTC, LBTC and more coming soon.
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Travis💡
For InfoFi, I’m seeing Portal to Bitcoin and Anoma getting grinded hard right now.
Mitosis is suppose to TGE soon but the sentiment is that you can’t quickly climb in it and the winners are basically already chosen.
Barely anyone’s grinding MemeX, Bybit or Novastro.
The current price of Morpho is $1.9896. Over the last 24 hours, Morpho has decreased by -4.72%. It currently has a circulating supply of 320,277,240 MORPHO and a maximum supply of 1,000,000,000 MORPHO, giving it a fully diluted market cap of $636.65M. At present, Morpho holds the 76 position in market cap rankings. The Morpho/USD price is updated in real-time.
Morpho’s biggest 24-hour price drop was on Nov 21, 2024, (UTC+8), when it fell by $4.4526 (-88.12%). In Nov 2024, Morpho experienced its biggest drop over a month, falling by $4.4526 (-88.12%). Morpho’s biggest drop over a year was by $4.4526 (-88.12%) in 2024.
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates ("OKX") are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
Morpho is a decentralised protocol on Ethereum enabling the overcollateralised lending and borrowing of crypto assets (ERC20 and ERC4626 tokens) on the Ethereum Virtual Machine (EVM).
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 602 new posts about Morpho, driven by 345 contributors, and total online engagement reached 66K social interactions. The sentiment score for Morpho currently stands at 88%. Compared to all cryptocurrencies, post volume for Morpho currently ranks at 5105. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Morpho.
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Posts
602
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345
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65,752
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88%
Volume rank
#5105
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Posts
601
Interactions
65,752
Sentiment
88%
Morpho FAQ
How much is 1 Morpho worth today?
Currently, one Morpho is worth $1.9896. For answers and insight into Morpho's price action, you're in the right place. Explore the latest Morpho charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Morpho, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Morpho have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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