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Ethereum Cointelegraph

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

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

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

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

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

Why this matters

This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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