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

By X-blogger - on November 21, 2025
Coinbase Stock Daily Chart

Coinbase has launched Ether-backed loans for US users, allowing customers to borrow USDC against their ETH holdings without selling, in a new offering powered by Morpho and running on Base. The exchange said the product is available across most US states, except New York.

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