EURC is a lending market on Morpho Blue (Ethereum). Depositors supply EURC to the market and earn a variable interest rate paid by borrowers, who post WBTC as collateral and are liquidated if their loan outgrows the market's limits. The rate floats with utilization — how much of the supplied EURC is borrowed at the time — so the market is used to earn on an idle EURC balance, or to borrow against collateral without selling it.
