![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
加密货币新闻
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).
免责声明:info@kdj.com
所提供的信息并非交易建议。根据本文提供的信息进行的任何投资,kdj.com不承担任何责任。加密货币具有高波动性,强烈建议您深入研究后,谨慎投资!
如您认为本网站上使用的内容侵犯了您的版权,请立即联系我们(info@kdj.com),我们将及时删除。
-
-
-
- 比特币(BTC)周三损失了94,000美元,现在交易略低于该价格点
- 2025-04-26 12:15:14
- 毫无疑问,100,000美元的能源正式回来了 - 重新点燃了过去四个月中降温的集会。
-
- 硬币EDEX AI评论:此交易机器人是否兑现其承诺?
- 2025-04-26 12:15:14
- 由于两个核心优势,硬币EDEX AI在交易机器人的世界中与众不同。
-
-
-
-
- 加密市场是在追逐噪音,还是最终准备好奖励物质?
- 2025-04-26 12:05:13
- 最近,SUI价格上涨每天的飞跃11%,由Memecoin溢出驱动比核心公用事业更多。
-