Coinbase to Offer Bitcoin-Backed Loans Through Morpho

  • Article

Name

Coinbase to Offer Bitcoin-Backed Loans Through Morpho

Description

Coinbase offers bitcoin-backed loans up to $100,000 in USDC, using collateral instead of credit scores, via its Morpho platform. This strengthens Coinbase's on-chain ecosystem and offers a new service to its users.

Types

Article

Publish date

12:00am, Thursday, January 16, 2025

Publisher

CoinDesk

Web URL

https://www.coindesk.com/business/2025/01/16/coinbase-to-offer-bitcoin-backed-loans-through-morpho

Referenced by

Coinbase partners with Morpho to relaunch Bitcoin lending

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News story

If price swings are reaching any sort of dangerous point, we will share liquidation warnings through the Coinbase app so that you're aware of it and can act

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Quote

Coinbase's setup caps each borrow at $100,000 in USDC

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