Morpho Brings Fixed-Rate Midnight Markets to Ethereum

Morpho is bringing its Midnight fixed-rate lending protocol to Ethereum, giving users a new way to borrow USDC against bitcoin-backed collateral without watching the interest rate shift underneath them.Launched on September 8, the Ethereum rollout initially supports USDC markets backed by WBTC and cbBTC. It extends Midnight beyond Base, where the product previously operated, and puts fixed-term borrowing into one of crypto’s busiest lending environments.The appeal is straightforward: certa