Exchanges· ★★★★· bullish·

Coinbase Launches Fixed-Rate USDC Loans Backed by Bitcoin via Morpho

  • —Fixed-rate loans allow borrowing up to $5 million against BTC collateral
  • —Interest rate and repayment date are set at loan origination
  • —Existing variable-rate loans exceed $1.4 billion in active volume
  • —Those loans are backed by roughly $3 billion in collateral
Why it matters: It broadens Bitcoin-backed lending options and deepens Coinbase's integration with DeFi infrastructure from Morpho and Base.
#BTC#USDC
Source: Crypto Daily
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