If you're a Coinbase user, you may be able to use the bitcoin you own as collateral to get a loan thanks to a new service ...
Coinbase (COIN) is adding bitcoin-backed loans to its U.S. product lineup, leaning on Morpho, the largest lending platform on its Base network, to drive eyeballs and wallets to its growing on ...
The crypto market has had a strong start to the year, continuing its upward trend from 2024. One cryptocurrency stock that ...
Coinbase, in partnership with Morpho Labs, has launched a Bitcoin-backed loan service, allowing U.S. users to borrow up to $100,000 in USD Coin (USDC) using their Bitcoin as collateral. This ...
Only BTC held on Coinbase qualifies as collateral for the loan. Coinbase has tapped decentralized finance protocol Morpho Labs to facilitate the lending process, which will occur entirely on Base, ...
For now, the loans will utilize Bitcoin as collateral but Coinbase plans to add more assets in the future Base open-source lending protocol Morpho will calculate interest rates based on market ...
Coinbase's setup caps each borrow at $100,000 in USDC. To borrow that much money customers will need to post more than that amount of bitcoin. Morpho will start liquidating the collateral if the ...
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