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Coinbase Launches Fixed-Rate USDC Loans Backed by Bitcoin

TokenPost·September 22, 2026·1 min read
Coinbase Launches Fixed-Rate USDC Loans Backed by Bitcoin

Coinbase has launched fixed-rate USDC loans backed by cbBTC, allowing customers to borrow without selling their Bitcoin. The service operates via Morpho Midnight on Base, with rates and maturities fixed at initiation. Existing variable-rate loans exceed $1.4 billion, backed by $3 billion in collateral.

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