Coinbase and Morpho launch fixed-rate Bitcoin loans with a hard maturity date
- —Rate and repayment date are fixed when the loan is confirmed
- —After maturity, a liquidator can seize collateral even at a healthy LTV
- —Early repayment does not reduce the interest owed
- —Coinbase sends maturity reminders at 7 days, 3 days and 24 hours
Why it matters: The maturity deadline adds a liquidation trigger separate from Bitcoin price moves, raising risk for fixed-rate borrowers.
Source: CryptoSlate