Coinbase users can now borrow USDC against bitcoin at a fixed rate

Coinbase now allows users to borrow the USDC stablecoin against their bitcoin at a fixed interest rate and repayment date.

The top 3

1. Coinbase Bitcoin-Backed USDC Lending Launch: Coinbase now enables eligible users to borrow USDC stablecoin by collateralizing Bitcoin with fixed interest rates and defined repayment terms. Coinbase
2. Top 3 Crypto Lending Platforms by Volume: The leading centralized and decentralized entities dominating the digital asset lending market based on total value locked.
3. History of Bitcoin-Backed Lending Crises: Major liquidations and platform collapses that shaped current industry standards for collateral and risk management.

Sources

• CoinDesk
• The Block

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