Morpho enables USDC borrowing for Huma Finance's PST holders through RockawayX vault

The article combines two crypto-related stories. First, Huma Finance’s PayFi Strategy Token ($PST) was added as collateral on Morpho via a RockawayX-curated USDC vault, allowing holders to borrow stablecoins without selling their position. The move boosts capital efficiency and underscores the growing integration of real-world payment receivables into DeFi lending. PST has exceeded $158 million in supply, has over 116,000 depositors, and has maintained a zero default rate. Separately, US CPI for May 2026 rose 4.2% year over year, the highest since April 2023, with core CPI at 2.9%. The hotter-than-expected inflation keeps Fed rate-cut expectations under pressure, with markets assigning about a 70% chance of hikes or delayed cuts. For crypto, the print is bearish: Bitcoin was around $62,747, down sharply from a May peak near $82,000, and traders are focused on the $60,000 support level.