Coinbase 現在允許美國客戶使用比特幣作為抵押品借入最多 100,000 美元的 USDC

該產品是與 Morpho 合作的，Morpho 是 Coinbase Base 網路上的借貸協議。

Coinbase now allows US customers to borrow up to $100,000 in USDC using bitcoin as collateral, the exchange announced today (Thursday). This offering is in collaboration with Morpho, a lending protocol on Coinbase's Base network.

Coinbase 今天（週四）宣布，現在允許美國客戶使用比特幣作為抵押品借入最多 10 萬美元的 USDC。該產品是與 Morpho 合作的，Morpho 是 Coinbase Base 網路上的借貸協議。

This service offers an alternative to traditional credit-based loans by enabling crypto holders to tap into liquidity without parting with their assets.

這項服務提供了傳統信用貸款的替代方案，使加密貨幣持有者能夠在不放棄資產的情況下利用流動性。

"Customers can instantly borrow USDC at competitive interest rates with flexible, open-ended repayment terms," the exchange explained. "Loans are powered by Morpho, an open-source lending protocol on Base. Crypto-backed loans will launch with Bitcoin as collateral, with plans to add more assets in the future."

該交易所解釋說：“客戶可以立即以具有競爭力的利率借入 USDC，還款條件靈活、開放。” “貸款由 Morpho 提供支持，Morpho 是 Base 上的開源貸款協議。加密貨幣支持的貸款將以比特幣作為抵押品推出，併計劃在未來增加更多資產。”

Crypto Loans On-chain

鏈上加密貸款

By integrating Morpho's lending capabilities into its intuitive interface, Coinbase aims to remove technical hurdles that have historically deterred users. Unlike conventional loans that rely on credit scores, crypto-backed loans require borrowers to pledge collateral, more than the amount they intend to borrow. For example, borrowing $100,000 in USDC means pledging an equivalent or greater amount of bitcoin.

透過將 Morpho 的借貸功能整合到其直覺的介面中，Coinbase 旨在消除歷史上阻礙用戶的技術障礙。與依賴信用評分的傳統貸款不同，加密貨幣支持的貸款要求借款人提供比他們打算借款的金額更多的抵押品。例如，借入 10 萬美元的 USDC 意味著質押等值或更多的比特幣。

If the collateral value dips due to market fluctuations, Morpho's protocol automatically liquidates assets to cover the loan. Coinbase mentioned that the new service will be available in the US, excluding New York state.

如果抵押品價值因市場波動而下跌，Morpho 協議會自動清算資產償還貸款。 Coinbase 提到，新服務將在美國推出，不包括紐約州。

Coinbase's new loan service involves several interconnected steps: Users pledge bitcoin, which gets converted to Coinbase's wrapped Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term (cbBTC). cbBTC is sent to Morpho, where the USDC loan is disbursed.

Coinbase 的新貸款服務涉及幾個相互關聯的步驟： 用戶質押比特幣，比特幣被轉換為Coinbase 的打包比特幣比特幣雖然有些人可能仍然想知道比特幣是什麼、誰創造了比特幣，或者比特幣是如何運作的，但有一件事是肯定的：比特幣改變了人們的生活。事實上，自從佛羅裡達州居民Laszlo Hanyecz 透過交易與真正的公司進行BTC 的第一筆正式商業交易以來，我們已經走了很長的路。現在有人可能會說，雖然有些人可能仍然想知道什麼是比特幣、誰創造了比特幣，或者比特幣是如何運作的，但有一件事是肯定的：比特幣改變了世界。對這種革命性的、去中心化的數位資產及其區塊鏈技術保持漠不關心。自從筆正式商業交易以來，我們已經走了很長的路在他當地的棒約翰店。 cbBTC 發送至 Morpho，並在那裡支付 USDC 貸款。

Loans come with flexible repayment terms and competitive interest rates. Borrowers can manage their loans directly through the Coinbase app. Real-time updates and liquidation warnings ensure users stay informed. Borrowed funds can be used for various purposes, from financing major purchases to supporting trading activities.

貸款具有靈活的還款條件和具有競爭力的利率。借款人可以直接透過 Coinbase 應用程式管理他們的貸款。即時更新和清算警告確保用戶隨時了解情況。借入的資金可用於多種目的，從融資重大採購到支持貿易活動。

Accessing Bitcoin-Backed Loans

獲得比特幣支持的貸款

"The launch of Coinbase Wrapped Bitcoin (cbBTC) in September gave our customers the ability to move and use their bitcoin on-chain, the exchange added. "Now, customers can tap into the benefits of cbBTC without having to leave Coinbase."

該交易所補充說：“9 月推出的 Coinbase Wrapped Bitcoin (cbBTC) 使我們的客戶能夠在鏈上移動和使用他們的比特幣。現在，客戶無需離開 Coinbase 就可以享受 cbBTC 的好處。”

Coinbase sees crypto-backed loans as a step towards reshaping personal finance. By leveraging decentralized finance (DeFi), the platform offers a transparent and user-friendly alternative to traditional banking.

Coinbase 將加密貨幣支持的貸款視為重塑個人財務的一步。透過利用去中心化金融（DeFi），該平台為傳統銀行業務提供了透明且用戶友好的替代方案。

Meanwhile, a judge recently ruled in favor of Coinbase, delivering a blow to the Securities and Exchange Commission over its refusal to establish clear regulations for cryptocurrency. The court criticized the SEC's handling of the matter, describing its denial of Coinbase's 2022 petition as "arbitrary and capricious."

與此同時，一名法官最近做出了有利於 Coinbase 的裁決，因其拒絕為加密貨幣制定明確的法規而對美國證券交易委員會造成了沉重打擊。法院批評 SEC 對此事的處理，稱其拒絕 Coinbase 2022 年請願書是「武斷且反复無常的」。