Morpho news today centers on Coinbase’s launch of fixed-rate, fixed-term Bitcoin-backed loans powered by Morpho Midnight, a move that expands Morpho’s lending infrastructure into a major consumer financial platform. Announced on September 22, 2026, the product allows eligible Coinbase users in the United States, excluding New York, to borrow USDC against Bitcoin while locking in both the interest rate and repayment date before receiving the loan.