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Coinbase Launches Fixed-Rate USDC Loans Backed by cbBTC via Morpho Midnight

CoinGape·September 22, 2026·1 min read
Coinbase Launches Fixed-Rate USDC Loans Backed by cbBTC via Morpho Midnight

Coinbase launched fixed-rate USDC loans backed by cbBTC, allowing customers to borrow against bitcoin without selling. The service runs through Morpho Midnight on Base, setting the borrowing rate and maturity at loan inception. This expands borrowing options for bitcoin holders.

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