Coinbase: Bitcoin lending business is open to U.S. customers outside of New York State
According to online reports, according to official sources, Coinbase announced that it can now obtain USDC loans without selling Bitcoin. The loans are supported by Morpho, an open source lending agreement on Base. Coinbase added that cryptocurrency-backed loans will be launched with Bitcoin as collateral and plans to add more assets in the future. The loans are aimed at customers in the United States (excluding New York State) and plans to expand to more markets.
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