Buy CryptoMarketsSpotFuturesGOLDEarnEvent Centre
More
The post Coinbase Updates Onchain Loan Offering for U.S. Users appeared on BitcoinEthereumNews.com. Coinbase adds XRP, DOGE, ADA, and LTC as collateral for USDCThe post Coinbase Updates Onchain Loan Offering for U.S. Users appeared on BitcoinEthereumNews.com. Coinbase adds XRP, DOGE, ADA, and LTC as collateral for USDC

Coinbase Updates Onchain Loan Offering for U.S. Users

Author: BitcoinEthereumNews
Source: BitcoinEthereumNews
2026/02/19 21:27
3 min read
Union
U$0.000939-0.73%
XRP
XRP$1.4202+3.81%
USDCoin
USDC$0.9998-0.02%
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
  • Coinbase adds XRP, DOGE, ADA, and LTC as collateral for USDC loans in the U.S., excluding New York.
  • Users can borrow up to $100K in USDC, with BTC capped at $5M and ETH capped at $1M.
  • Lending runs via Morpho on Base, with $1.9B in total loan originations to date.

Coinbase has expanded its onchain crypto-backed lending program by adding XRP, Dogecoin, Cardano, and Litecoin as eligible collateral, widening access to U.S. customers seeking liquidity without selling their digital assets.

The update allows verified users, except those residing in New York, to borrow USDC against a broader range of tokens while maintaining exposure to long-term holdings. The move expands Coinbase’s lending infrastructure and builds on an existing program.

XRP, DOGE, ADA, and LTC Added as Loan Collateral

Under the new offering, customers can borrow up to $100,000 in USDC by pledging XRP, DOGE, ADA, or LTC as collateral. Bitcoin and Ether remain supported assets within the program. Loan limits vary by asset type, with Bitcoin-backed loans capped at $5 million and Ether-backed loans capped at $1 million.

Coinbase Chief Executive Brian Armstrong stated that users can now instantly borrow USDC against the newly supported tokens in addition to BTC and ETH. The company said the program is available to verified U.S. customers, excluding those in New York due to regulatory restrictions.

At the time of the announcement, the combined market capitalization of ADA, LTC, DOGE, and XRP stood above $115 billion, expanding the platform’s available collateral base.

Lending Operates Via Morpho on Base Network

The onchain lending service runs through the Morpho protocol on Coinbase’s Base network. Coinbase provides the user-facing interface, while Morpho facilitates onchain lending markets. The structure links centralized access with decentralized liquidity pools.

Jacob Frantz, product lead at Coinbase, said expanding collateral options allows users to leverage a wider range of digital assets without having to sell them. He noted that broader token support enables borrowers to utilize their holdings in additional financial applications.

Coinbase reported more than $1.9 billion in total loan originations prior to the latest expansion, indicating continued activity in crypto-backed borrowing. The company stated that borrowers face the risk of collateral liquidation if asset values decline significantly. Loan terms vary based on location and prevailing market conditions. Coinbase also said it does not provide tax or investment advice.

Related: Cardano Price Prediction: ADA Drops To $0.2760 Despite Coinbase Loan Integration

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Source: https://coinedition.com/coinbase-expands-crypto-loans-adds-xrp-doge-ada-ltc-as-collateral/

Market Opportunity
Union Logo
Union Price(U)
$0.000939
$0.000939$0.000939
+0.10%
USD
Union (U) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Federal Reserve cut interest rates by 25 basis points, and Powell said this was a risk management cut

The Federal Reserve cut interest rates by 25 basis points, and Powell said this was a risk management cut

PANews reported on September 18th, according to the Securities Times, that at 2:00 AM Beijing time on September 18th, the Federal Reserve announced a 25 basis point interest rate cut, lowering the federal funds rate from 4.25%-4.50% to 4.00%-4.25%, in line with market expectations. The Fed's interest rate announcement triggered a sharp market reaction, with the three major US stock indices rising briefly before quickly plunging. The US dollar index plummeted, briefly hitting a new low since 2025, before rebounding sharply, turning a decline into an upward trend. The sharp market volatility was closely tied to the subsequent monetary policy press conference held by Federal Reserve Chairman Powell. He stated that the 50 basis point rate cut lacked broad support and that there was no need for a swift adjustment. Today's move could be viewed as a risk-management cut, suggesting the Fed will not enter a sustained cycle of rate cuts. Powell reiterated the Fed's unwavering commitment to maintaining its independence. Market participants are currently unaware of the risks to the Fed's independence. The latest published interest rate dot plot shows that the median expectation of Fed officials is to cut interest rates twice more this year (by 25 basis points each), one more than predicted in June this year. At the same time, Fed officials expect that after three rate cuts this year, there will be another 25 basis point cut in 2026 and 2027.
Share
PANews2025/09/18 06:54
SEC Approves Generic Listing Standards for Crypto ETFs

SEC Approves Generic Listing Standards for Crypto ETFs

In a bombshell filing, the SEC is prepared to allow generic listing standards for crypto ETFs. This would permit ETF listings without a specific case-by-case approval process. The filing’s language rests on cryptoassets that are commodities, not securities. However, the Commission is reclassifying many such assets, theoretically enabling an XRP ETF alongside many other new products. Why Generic Listing Standards Matter The SEC has been tacitly approving new crypto ETFs like XRP and DOGE-based products, but there hasn’t been an unambiguously clear signal of greater acceptance. Huge waves of altcoin ETF filings keep reaching the Commission, but there hasn’t been a corresponding show of confidence. Until today, that is, as the SEC just took a sweeping measure to approve generic listing standards for crypto ETFs: “[Several leading exchanges] filed with the SEC proposed rule changes to adopt generic listing standards for Commodity-Based Trust Shares. Each of the foregoing proposed rule changes… were subject to notice and comment. This order approves the Proposals on an accelerated basis,” the SEC’s filing claimed. The proposals came from the Nasdaq, CBOE, and NYSE Arca, which all the ETF issuers have been using to funnel their proposals. In other words, this decision on generic listing standards could genuinely transform crypto ETF approvals. A New Era for Crypto ETFs Specifically, these new standards would allow issuers to tailor-make compliant crypto ETF proposals. If these filings meet all the Commission’s criteria, the underlying ETFs could trade on the market without direct SEC approval. This would remove a huge bottleneck in the coveted ETF creation process. “By approving these generic listing standards, we are ensuring that our capital markets remain the best place in the world to engage in the cutting-edge innovation of digital assets. This approval helps to maximize investor choice and foster innovation by streamlining the listing process,” SEC Chair Paul Atkins claimed in a press release. The SEC has already been working on a streamlined approval process for crypto ETFs, but these generic listing standards could accomplish the task. This rule change would rely on considering tokens as commodities instead of securities, but federal regulators have been reclassifying assets like XRP. If these standards work as advertised, ETFs based on XRP, Solana, and many other cryptos could be coming very soon. This quiet announcement may have huge implications.
Share
Coinstats2025/09/18 06:14
South Korea Halts Trading as Global Markets Plunge

South Korea Halts Trading as Global Markets Plunge

The post South Korea Halts Trading as Global Markets Plunge appeared on BitcoinEthereumNews.com. The Korean Stock Exchange was forced to halt trading after the
Share
BitcoinEthereumNews2026/03/05 07:04