Coinbase Launches Fixed-Rate USDC Loans Backed by Bitcoin
Key Highlights Coinbase launches fixed-rate USDC loans backed by Bitcoin, offering borrowers certainty on interest costs and repayment dates. The new product runs on Morpho Midnight, a decentralized fixed-rate lending protocol that settles on Coinbase’s Base layer-2 network. Fixed-rate loans sit alongside Coinbase’s existing variable-rate Morpho Blue offering, which currently holds over $1.4 billion in ...