How to Earn on your USDC with Morph

Reid Fletcher

— 2 min read
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How to Earn on your USDC with Morph

Most USDC just sits there. In a wallet, on an exchange, between payments. It holds its value and does nothing else.

Maybe you have idle USDC waiting for its next use. Maybe you run a business that accepts stablecoin payments with Morph Payments and USDC sits in your account until you need it. Either way, that money can be earning in the meantime.The USDC Earn Vault on Morph makes it simple. Deposit through Bitget Wallet, and your USDC earns 6% APY while staying fully flexible.

No lock-up, no minimum period, deposit and withdraw anytime. Gauntlet manages the risk strategy, Morpho provides the lending markets underneath, and you subscribe or redeem in one tap.Here is the full walkthrough, from zero to earning.

What you need

  • The Bitget Wallet app (free, iOS and Android)
  • USDC on any major chain, or funds to buy some

Step 1 - Download Bitget Wallet

  • Get Bitget Wallet from web3.bitget.com or from your app store
  • Create a new wallet or import an existing one.
  • Save your recovery phrase somewhere safe and offline.

(Never reveal your seed phrase to anyone)

Step 2 - Get your USDC onto Morph

Your USDC needs to live on the Morph network to enter the vault.If your USDC is on another chain, you can move it to Morph without leaving Bitget Wallet.

  • Tap Trade in the bottom menu
  • Select USDC
  • Pick USDC on Morph as the destination
  • Tap Deposit now.

Step 3 - Open Earn and find the USDC vault

  • Go to the Wallet tab and
  • Open Earn
  • Tap USDC and you will see the USDC Earn Vault on Morph.

Step 4 - Deposit and watch it earn

  • Enter the amount of USDC you want to deposit and confirm.
  • Your USDC is now in the vault and starts earning right away.
  • Your balance grows as returns accrue. There is no minimum holding period.

    When you want your USDC back, redeem in one tap and it returns to your wallet.

Where does the return come from?

Your USDC is deposited into the Morpho USDC Vault on Morph, managed under a risk strategy by Gauntlet. Returns are generated through lending interest and additional incentives via Morpho's lending markets. The rate is variable and moves with market conditions.Behind the scenes, Gauntlet curates the strategy, Morpho provides the lending infrastructure, Chainlink and Redstone secure the data layer, Bitget Wallet handles the experience, and Morph is the chain it all settles on.Your

USDC does not have to sit idle, whether it is your savings or the money your business takes in. Put it to work on Morph.

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