Coinbase launched fixed-rate USDC loans backed by Bitcoin (BTC), allowing borrowers to lock the interest rate and repayment date when the loan begins.
Coinbase Launches Fixed-Rate Bitcoin Loans as Active Book Tops $1.4B
Coinbase launched fixed-rate USDC loans backed by Bitcoin (BTC), allowing borrowers to lock the interest rate and repayment date when the loan begins.
tokenpost.com
Publisher
Sep 23, 2026 at 11:53 PM UTC · 1 分で読める

Key Signal
$1.4B Active loans outstanding
Entities
bitcoin, coinbase
Market Impact
BTC-2.45%$84,331
Last Updated
13分前
The product is supported by Morpho and represents the first enterprise deployment of Morpho Midnight. Coinbase manages the user experience, while Morpho provides the credit infrastructure and Base handles settlement.
Coinbase’s existing floating-rate lending book on Morpho has surpassed $1.4 billion in active loans, with about $3 billion in collateral. The exchange introduced Bitcoin-backed lending in early 2025 and later expanded eligible collateral to include XRP and Dogecoin.
The new offering gives borrowers a fixed borrowing cost and a defined repayment date, while extending Coinbase’s existing crypto-backed lending business.
Follow the Story
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- Sep 23Coinbase Launches Fixed-Rate Bitcoin Loans as Active Book Tops $1.4B
- Sep 24Spot Bitcoin funds in the U.S. see $2.3B net inflow over four sessions, signaling rising investor demand.
- Sep 24Institutions sweep up 2.7 billion; Bitcoin rebounds to 84,000. Can the $100,000 target be achieved?
- Sep 24$15.6 Billion in Bitcoin Options Expire; $70,000 Strike Price Becomes Key Focus for Bulls and Bears
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Originally reported by tokenpost.com
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24H Volume
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