美国加密货币交易所 Coinbase 重新推出比特币贷款

新产品线允许美国账户持有人（不包括纽约居民）使用其持有的比特币 BTCUSD 作为抵押品借入最多 10 万美元的美元代币 (USDC)。

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

Coinbase 在美国重新推出了比特币支持的贷款，允许用户以其持有的数字资产进行借贷。

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.

新产品线使美国账户持有人（纽约居民除外）能够使用其持有的比特币 BTCUSD 作为抵押品借入最多 10 万美元的美元代币 (USDC)。只有 Coinbase 上持有的 BTC 才有资格获得贷款。

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 已与去中心化金融协议 Morpho Labs 合作，以促进借贷流程，该流程将完全在该交易所的以太坊第 2 层网络 Base 上进行。

"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 高管 Max Branzburg 告诉 Cointelegraph：“这款新产品展示了 Coinbase 对经济自由的承诺。加密货币支持的贷款让我们的客户可以用他们的比特币做更多事情，而我们正在让它在链上实现。”

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 的一位通讯代表向 Cointelegraph 澄清，该交易所“提供了一种进入该贷款市场的简单方式，并且不直接参与贷款。”

"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.

该代表补充道：“用户将能够享受有竞争力的利率，无需 Coinbase 费用或信用检查，并可以按照自己的时间表以灵活的还款条件偿还贷款。”

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.

这一新产品标志着 Coinbase 第二次进军比特币借贷市场。 2023 年 5 月，该交易所宣布将终止 Borrow 计划，该计划使用户能够获得以其持有的 BTC 为担保的现金贷款。该项目于2023年11月20日正式关闭。

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.

比特币支持的贷款为持有人提供了获得资本的能力，而无需出售其基础资产，这对于那些希望维持财富并避免大量税单的人来说尤其有价值。

"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.

“以资产为抵押借款是富裕家庭世世代代采用的常见做法。这种策略也被称为‘借、借、死’，使富人能够无限期地获得资产杠杆贷款，”报告解释道。

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.

比特币价值的不断上涨导致许多早期持有者积累了大量财富。因此，比特币支持的贷款市场预计将在未来几年蓬勃发展。

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.

根据 HFT Market Intelligence 的数据，比特币支持贷款的市场价值预计将从 2024 年的 85 亿美元增加到 2030 年的 450 亿美元。

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，比特币的日益普及促使更多的金融机构进入加密货币借贷市场。比特币支持的借贷协议 Ledn 告诉 Cointelegraph，主要机构正在超越交易所交易基金，进入加密借贷业务。