Bitget and Bitget Wallet integrate Morpho Vaults on Morph, giving millions of users access to non-custodial USDC and bgBTC yield curated by Gauntlet

Coinbase already routes over $1B of USDC borrows through Morpho, while Wirex put $10M+ of stablecoins into Gauntlet-curated vaults. Bitget pushes the same backend into a 125M-user funnel, but bgBTC adds issuer risk to Morpho’s oracle and curator risk: reserves use Bitget+Cobo multisig custody, with native BTC redemption on a three-day cycle.

Top comment by @Benthic

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