美國加密貨幣交易所 Coinbase 重新推出比特幣貸款

新產品線允許美國帳戶持有人（不包括紐約居民）使用其持有的比特幣 BTCUSD 作為抵押品借入最多 10 萬美元的美元代幣 (USDC)。

Coinbase has reintroduced Bitcoin-backed loans in the United States, allowing users to borrow against their digital asset holdings.

Coinbase 在美國重新推出了比特幣支持的貸款，允許用戶以其持有的數位資產進行借貸。

The new product line enables US account holders, except for residents of New York, to borrow up to $100,000 in USD Coin (USDC) by using their Bitcoin BTCUSD holdings as collateral. Only BTC held on Coinbase qualifies for the loan.

新產品線使美國帳戶持有人（紐約居民除外）能夠使用其持有的比特幣 BTCUSD 作為抵押品借入最多 10 萬美元的美元代幣 (USDC)。只有 Coinbase 上持有的 BTC 才有資格獲得貸款。

Coinbase has partnered with decentralized finance protocol Morpho Labs to facilitate the lending process, which will take place entirely on Base, the exchange's Ethereum layer-2 network.

Coinbase 已與去中心化金融協議 Morpho Labs 合作，以促進借貸流程，該流程將完全在該交易所的以太坊第 2 層網路 Base 上進行。

"This new product showcases Coinbase's commitment to economic freedom. Crypto-backed loans allow our customers to do more with their Bitcoin, and we're making it happen onchain," Max Branzburg, an executive at Coinbase, told Cointelegraph.

Coinbase 高層Max Branzburg 告訴Cointelegraph：「這款新產品展示了Coinbase 對經濟自由的承諾。加密貨幣支援的貸款讓我們的客戶可以用他們的比特幣做更多事情，而我們正在讓它在鏈上實現。

A Coinbase communications representative clarified to Cointelegraph that the exchange "provides a simple way to access this loan market and is not directly involved with the loans."

Coinbase 的一位通訊代表向 Cointelegraph 澄清，該交易所“提供了一種進入該貸款市場的簡單方式，並且不直接參與貸款。”

"Users will be able to tap into competitive interest rates with no Coinbase fees or credit checks and can pay back their loans on their own timeline with flexible repayment terms," the representative added.

該代表補充說：“用戶將能夠享受有競爭力的利率，無需 Coinbase 費用或信用檢查，並可以按照自己的時間表以靈活的還款條件償還貸款。”

This new product marks Coinbase's second venture into the Bitcoin lending market. In May 2023, the exchange announced that it would be discontinuing its Borrow program, which enabled users to obtain cash loans backed by their BTC holdings. The program was officially shut down on Nov. 20, 2023.

這項新產品標誌著 Coinbase 第二次進軍比特幣借貸市場。 2023 年 5 月，該交易所宣布將停止 Borrow 計劃，該計劃使用戶能夠獲得以其持有的 BTC 為擔保的現金貸款。該項目於2023年11月20日正式關閉。

Bitcoin-backed loans provide holders with the ability to access capital without having to sell their underlying holdings, which is particularly valuable for those who wish to maintain their wealth and avoid substantial tax bills.

比特幣支持的貸款為持有者提供了獲得資本的能力，而無需出售其基礎資產，這對於那些希望維持財富並避免大量稅單的人來說尤其有價值。

"Borrowing against assets is a common practice that has been used by wealthy households for generations. This strategy, also known as 'borrow, borrow, die,' enables the wealthy to take out asset-leveraged loans indefinitely," the report explains.

「以資產為抵押借款是富裕家庭世世代代採用的常見做法。這種策略也被稱為『借、借、死』，使富人能夠無限期地獲得資產槓桿貸款，」報告解釋道。

The rising value of Bitcoin has resulted in many early holders accumulating significant wealth. Consequently, the market for Bitcoin-backed loans is expected to flourish in the coming years.

比特幣價值的不斷上漲導致許多早期持有者累積了大量財富。因此，比特幣支持的貸款市場預計將在未來幾年蓬勃發展。

According to HFT Market Intelligence, the market value of Bitcoin-backed loans is projected to increase from $8.5 billion in 2024 to $45 billion by 2030.

根據 HFT Market Intelligence 的數據，比特幣支持貸款的市值預計將從 2024 年的 85 億美元增加到 2030 年的 450 億美元。

Moreover, the increasing adoption of Bitcoin has prompted more financial institutions to enter the crypto lending market. Bitcoin-backed lending protocol Ledn told Cointelegraph that major institutions are venturing beyond exchange-traded funds and entering the crypto lending business.

此外，比特幣的日益普及促使更多的金融機構進入加密貨幣借貸市場。比特幣支持的借貸協議 Ledn 告訴 Cointelegraph，主要機構正在超越交易所交易基金，進入加密借貸業務。