Farcaster has announced on X that USDC lending is now live on the Morpho protocol, expanding the platform’s on-chain yield opportunities for crypto holders.

The program targets a 5% yield on deposited USDC, with rewards accruing to lenders and withdrawals available at any time.

To participate, Farcaster users can open the wallet, select the USDC Lending option, deposit USDC, and start earning rewards, enjoying seamless withdrawal access from the wallet page.