Coinbase has introduced a new borrowing option allowing users to take out loans in USDC by using bitcoin as collateral, with the loan offered at a fixed interest rate. This development aims to provide more predictable borrowing costs for crypto holders.
According to CoinDesk, this service marks a significant move by Coinbase to expand its crypto lending capabilities, catering to users seeking liquidity without selling their bitcoin holdings.
For Japanese investors, this aligns with growing interest in decentralized finance and stablecoin-based lending, offering an alternative way to leverage bitcoin assets amid evolving regulatory landscapes.