Coinbase adds fixed-rate bitcoin-backed loans through Morpho Midnight
60-second summary
Coinbase launches fixed‑rate, bitcoin‑backed loans via Morpho Midnight, allowing users to borrow USDC against BTC collateral at a set interest rate. The service expands Coinbase’s lending suite, offering predictable borrowing costs compared to variable‑rate options.
Coinbase has added fixed-rate loans through Morpho Midnight, letting users borrow USDC against their bitcoin.