Coinbase Now Lets UK Users Borrow Against Their Bitcoin And Ethereum
Coinbase Now Lets UK Users Borrow Against Their Bitcoin And Ethereum Via Decrypt.co, Coinbase launched crypto-backed USDC lending for U.K. users on Monday. Bitcoin holders can borrow up to $5 million in USDC, with Ethereum-backed loans capped at $1 million. The service uses Morpho, an open-source lending protocol on Ethereum layer-2 network, Base. Crypto exchange Coinbase has expanded its lending service, now allowing U.K. customers to borrow USDC stablecoins using th...
Original Source
Read the full article at Zerohedge →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.