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Strategies & Market Trends : Blockchain and Cryptocurrencies

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From: Savant	6/4/2025 7:32:30 PM
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Coinbase Launches Bitcoin-Backed Loans for U.S. Users In a major move for crypto adoption, Coinbase, the largest U.S.-based exchange, has announced that eligible U.S. users can now borrow up to $1 million in USDC by using their Bitcoin as collateral. This offering is available across most U.S. states—excluding New York—and represents a major leap toward integrating decentralised finance (DeFi) capabilities into mainstream crypto services. This service is powered by Morpho Labs, a DeFi lending protocol, and utilises Coinbase's native Layer-2 network, Base, allowing for fast and low-cost transactions. How to Borrow Up to $1M Against Your Bitcoin Holdings WITHOUT Selling

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