Coinbase has launched ETH-backed loans, allowing U.S. users (excluding New York) to borrow up to $1 million in USDC against their Ethereum without selling it. Powered by Morpho’s on-chain protocol, these loans offer flexible repayment and quick disbursement, expanding access to liquidity in volatile markets. Coinbase’s ETH-backed loans enable borrowing USDC without selling Ethereum, preserving […]
Source: https://en.coinotag.com/coinbase-launches-eth-backed-loans-amid-ethereum-market-pressure
