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Coinbase and Morpho Make Bitcoin-Backed Loans More Predictable

News.Bitcoin.com
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Coinbase and Morpho Make Bitcoin-Backed Loans More Predictable

Coinbase just gave bitcoin holders something borrowers usually expect from a bank. Customers can now borrow USDC against their bitcoin while locking in the interest rate and repayment date before taking the money. The fixed-rate loans launched Tuesday through Morpho Midnight on Base, giving eligible U.S. users outside New York a way to tap their […]

Key Takeaways

  1. Coinbase just gave bitcoin holders something borrowers usually expect from a bank.
  2. Customers can now borrow USDC against their bitcoin while locking in the interest rate and repayment date before taking the money.
  3. The fixed-rate loans launched Tuesday through Morpho Midnight on Base, giving eligible U.S.
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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.