Coinbase Launches Crypto-Backed Loans for UK Users

Coinbase has introduced a new service allowing its users in the United Kingdom to borrow funds against their Bitcoin and Ethereum holdings. This expansion provides UK customers with more financial flexibility using their cryptocurrency assets.

22 Apr, 07:30 — 22 Apr, 07:30

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zerohedgeLow6h ago

Coinbase Now Lets UK Users Borrow Against Their Bitcoin And Ethereum

Coinbase Now Lets UK Users Borrow Against Their Bitcoin And Ethereum Via Decrypt.co, Coinbase launched crypto-backed USDC lending for U.K. users on Monday. Bitcoin holders can borrow up to $5 million in USDC, with Ethereum-backed loans capped at $1 million. The service uses Morpho, an open-source lending protocol on Ethereum layer-2 network, Base. Crypto exchange Coinbase has expanded its lending service, now allowing U.K. customers to borrow USDC stablecoins using their Bitc...

By Tyler Durden

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First report: zerohedge · 22 Apr, 07:30|Full coverage: 2 · 4h|Window: 4h

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zerohedge22 Apr, 07:30First to report

Coinbase Now Lets UK Users Borrow Against Their Bitcoin And Ethereum

4h later

Yahoo22 Apr, 11:56Latest update

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Coinbase Launches Crypto-Backed Loans for UK Users

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Coinbase Now Lets UK Users Borrow Against Their Bitcoin And Ethereum

Coverage Timeline

Coinbase Now Lets UK Users Borrow Against Their Bitcoin And Ethereum

Nium integrates Coinbase to support USDC payments

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