![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
加密貨幣新聞文章
Coinbase (COIN) Adds Bitcoin-Backed Loans to Its U.S. Product Lineup, Leaning on Morpho
2025/01/16 21:59
Coinbase is rolling out bitcoin-backed loans in the U.S., the latest move by the crypto exchange to drive eyeballs and wallets to its growing on-chain economy.
Coinbase users will now be able to borrow up to $100,000 in USDC against their bitcoin holdings, thanks to an integration with Morpho, the largest lending platform on Coinbase's Base network.
The lending product isn’t completely new: Those familiar with playing on Base have long been able to borrow USDC against their bitcoin on Morpho or via other DeFi services. What's new here is the easy access: Coinbase is baking Morpho's borrow books into its own widely popular user interface, removing a critical barrier to entry.
"This is a moment where we're planting a flag that Coinbase is coming on-chain, and we're bringing millions of users with their billions of dollars," said Max Branzburg, head of Consumer Products at Coinbase, in an interview with CoinDesk TV.
Coinbase's personal loans in the on-chain world look fundamentally different from the predominant lending deals offered by banks and lenders. Those stalwarts of the regular economy rely on borrowers' credit score in deciding whether to write a loan, and determining its terms, whether or not the loan is secured.
But credit scores are not a thing in crypto. Platforms like Morpho don't need to guesstimate how good for the money their borrowers are. Instead, they require their borrowers to post plenty of collateral; far more, in fact, than the sum they seek to borrow. This setup protects the platforms from carrying bad debt from defaulters.
Coinbase's setup caps each borrow at $100,000 in USDC. To borrow that much money customers will need to post more than that amount of bitcoin. Morpho will start liquidating the collateral if the loan-to-value ratio flies too close to the sun.
"If price swings are reaching any sort of dangerous point, we will share liquidation warnings through the Coinbase app so that you're aware of it and can act," Branzburg said during the CoinDesk TV interview.
Coinbase users can now borrow up to $100,000 in USDC against their bitcoin holdings, thanks to an integration with Morpho.
Borrowing cash sits at the base of all financial services, but it has extra appeal to crypto traders who often sit on troves of tokens they refuse to sell. Those traders often take loans to farm airdrops and fund other risky trades. In Coinbase's view, Morpho-facilitated loans could help borrowers pursue perhaps nobler enterprises, like buying a car, or paying for a house.
"We think that crypto is the best way to build wealth for yourself, and we want to make sure that Coinbase is the place where you can do that," Branzburg said.
Under the hood, the new setup feeds Coinbase flywheel at every step. First, the rollout adds a new capacity to Coinbase's frontend. Second, users who post BTC collateral are minting cbBTC (Coinbase's wrapped bitcoin on Base) and borrowing USDC (Coinbase's stablecoin). Third, all of this is happening on Morpho (a Coinbase-funded lending platform) atop Base (Coinbase's Layer 2 network).
免責聲明:info@kdj.com
所提供的資訊並非交易建議。 kDJ.com對任何基於本文提供的資訊進行的投資不承擔任何責任。加密貨幣波動性較大,建議您充分研究後謹慎投資!
如果您認為本網站使用的內容侵犯了您的版權,請立即聯絡我們(info@kdj.com),我們將及時刪除。
-
- 以太坊[ETH]面臨著最具挑戰性的時期之一
- 2025-04-04 10:00:12
- 以太坊[ETH]曾經是Altcoin空間中無可爭議的領導者,近年來正面臨其最具挑戰性的時期之一。
-
- 流程將參加計劃於4月4日至4月6日舉行的Ethglobal Taipei活動
- 2025-04-04 10:00:12
- 該活動提供了10,000美元的總賞金,其中包括殺手級應用的6,000美元。
-
-
-
- 賭場點擊為新用戶提供高達100000金幣和2個掃卷硬幣
- 2025-04-04 09:50:12
- 讓我們直接從事業務。賭場點擊為新用戶提供了100,000枚金幣和2個掃描硬幣,僅用於註冊。
-
- Dragoin($ ddgn)以風格進入
- 2025-04-04 09:50:12
- 受龍的啟發,並在《權力的世界》世界內部設置,這個新作品帶來了幽默,社區娛樂和電報遊戲
-
-
-