Coinbase launches ETH-backed loans as onchain lending tops $1.25B

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Coin Telegraph 1 hour ago 116

Coinbase launches <a href='https://market.bitrss.com/coin/ethereum' rel='noopener' target='_blank' class='crypto-highlight' title='ETH Market Overview'>ETH ($2,847.05)</a>-backed loans as onchain lending tops $1.25B

Users can borrow up to $1 million in USDC ($1.00) against their Ether as Coinbase expands its Base-powered network, which has processed $1.25 billion in loans.



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