Sentora’s Morpho vaults experienced significant withdrawals following a security incident related to MetaMask's staking operations, although user wallets were reportedly not at immediate risk. Sentora manages over $1.1 billion in deposits on Morpho, a lending protocol where curators set risk parameters, mainly involving stablecoins like PayPal’s PYUSD and Ripple’s RLUSD. The outflows highlight how security concerns at one platform can impact user behavior across different protocols, potentially increasing borrowing costs and liquidity strain. Investors should monitor whether these withdrawals stabilize and watch utilization rates on key vaults for signs of ongoing stress.
Following the security incident affecting Sentora's Morpho vaults, PayPal's PYUSD remains stable on Pluang, trading at Rp17.909 with a slight 1-day increase of 0.15% as of Oct 01, 2026 10:41 WIB. Despite the outflows from Morpho, PYUSD shows balanced order activity with 51% selling and 49% buying, and a typical hold time of 28 days. This stability contrasts with the withdrawal pressures reported, highlighting a divergence between on-platform trading behavior and protocol-level liquidity concerns.
Ripple USD (RLUSD) stablecoin's circulating supply rose to $2.491 billion, narrowing the gap with PayPal USD (PYUSD) to about $248 million as of late September 2026. RLUSD increased by $82.1 million during the period, while PYUSD stood at $2.739 bill...
Ripple's RLUSD stablecoin surged to a record $2.49 billion, adding $82.1 million in one day and narrowing the gap to Paypal's PYUSD, which stands at $2.74 billion but has shrunk 22% this year. RLUSD has grown 86% since early 2026, while PYUSD has dec...
