Bitcoin (BTC) Collateralized Loans Coming to Crypto Exchange Coinbase (COIN)
Coinbase to Offer Bitcoin-Backed Loans Through Morpho The ability to post collateral, rather than credit rating, will determine whether a client can borrow.Updated Jan 16, 2025, 2:06 p.m. UTCPublished Jan 16, 2025, 1:59 p.m. UTCCoinbase (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-chain economy.The lending product isn't completely new: those familiar with pl...
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