Coinbase users can now borrow USDC against bitcoin at a fixed rate
Why now
Thesis: Adds crypto credit utility without triggering bitcoin sales
Catalyst to watch: Adoption volumes and collateral terms disclosure
Main risk: Leverage and liquidation risk if BTC falls
Why it matters
Lets holders unlock liquidity from bitcoin without selling, potentially reducing sell pressure and deepening Coinbase's lending revenue.
Details
Coinbase now allows users to borrow the USDC stablecoin against their bitcoin at a fixed interest rate and repayment date.
Sources
- coindesk · 2026-09-23 07:49 UTC