Coinbase is expanding crypto-backed loans to users in the United Kingdom, allowing borrowing against Bitcoin and Ethereum through Morpho on Base after strong U.S. demand. The move broadens a lending product tied to crypto collateral and signals continued international rollout of Coinbase’s onchain financial services. The announcement is positive for Coinbase and the crypto lending ecosystem, though the immediate market impact is likely limited.
Coinbase is expanding crypto-backed loans to users in the United Kingdom, allowing borrowing against Bitcoin and Ethereum through Morpho on Base after strong U.S. demand. The move broadens a lending product tied to crypto collateral and signals continued international rollout of Coinbase’s onchain financial services. The announcement is positive for Coinbase and the crypto lending ecosystem, though the immediate market impact is likely limited.
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