Coinbase and Morpho Bring Onchain USDC Earning to Brazil and Canada
Morpho (MORPHO)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that Coinbase is rolling out Morpho-powered USDC earning to customers in Brazil and Canada, widening access to its DeFi Earn product. Users allocate USDC in the Coinbase app, which routes deposits to Morpho and into Steakhouse-curated vaults where rewards accrue with no specified friction. This expansion marks a significant step in bringing onchain earning capabilities to these two specific markets.
How the market reacted
Whalio's own Binance spot order flow for MORPHO, measured when this story was written up on 15 September 2026. Not the outlet's figures.
MORPHO is currently trading at $2.18 with a 24-hour buy ratio of 59.9%, indicating that buyers are dominating the market over the full day. However, the 1-hour buy ratio has dropped to 53.1% and the 4-hour ratio to 51.4%, suggesting that immediate buying pressure is fading compared to the stronger daily trend. The volume delta reflects this activity, showing +$11,493 in the last hour, +$21,457 over four hours, and a substantial +$567,892 over the last 24 hours. The Cumulative Volume Delta (CVD) for the 24-hour close is +$438,449, confirming that net buying has outweighed selling throughout the day.
The latest daily buy ratio of 49.0% sits at the 31st percentile of the last 324 days, against a median of 51.0% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for MORPHO, averaged over the days leading up to the story.
Over the preceding week, MORPHO saw net buying on all seven days, with a 7-day average buy ratio of 53.7%. Today's 24-hour buy ratio of 59.9% is 6.2 points higher than that weekly average, marking an unusually strong day for buyers relative to the recent norm. Despite this increased buying intensity, the spot volume of $2,854,887 is only 0.86 times the weekly average, indicating lower-than-average participation. The price has declined 11.9% over the past eight days, even as the total volume delta for that period reached +$2,353,481.