Morpho News Today: Why MORPHO Is Down – 05 October 2026

• Featherlend launched two isolated Morpho markets for Brazil's BRZ stablecoin on Polygon, announced 2 October 2026. • One market uses tokenized treasury notes TESOURO, the other sfrxUSD, tied to Brazil's Selic rate of 13.75%. • Transfero said BRZ has maintained a 1:1 peg to the Brazilian real since 2019 across 16 blockchain networks. • Morpho Midnight launched on Base on 21 July 2026, with Coinbase as its first enterprise user. • Midnight expanded to Ethereum on 8 September 2026, adding WBTC and cbBTC markets.