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Coinbase Adds Fixed-Rate Bitcoin-Backed USDC Loans Through Morpho Midnight

CoinCentral·September 23, 2026·1 min read
Coinbase Adds Fixed-Rate Bitcoin-Backed USDC Loans Through Morpho Midnight

Coinbase launched fixed-rate USDC loans backed by bitcoin through Morpho Midnight. Borrowers can lock in both the interest rate and repayment date when the loan is opened. The product sits alongside Coinbase's existing variable-rate loans through Morpho Blue, which already has over $1.4 billion in outstanding loans.

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