Coinbase adds HYPE and ZEC as collateral for crypto-backed loans up to $100K in USDC
- —Borrow up to $100,000 in USDC against HYPE and ZEC
- —Altcoin collateral capped at 49% LTV with a 62.5% liquidation threshold
- —Coinbase has originated $1.9B–$3B in cumulative USDC loans
- —cbHYPE and cbZEC wrapped assets launched on Base on September 1
Why it matters: The move boosts liquidity and utility for HYPE and ZEC, easing sell pressure from holders who need cash.
Source: Crypto Briefing