Coinbase Introduces Fixed-Rate Bitcoin Loans, Giving Users an Alternative to Floating Rates
Coinbase has introduced fixed-rate, fixed-term USDC loans backed by Bitcoin, offering an alternative to its existing floating-rate borrowing option.
The product operates through Morpho Midnight, a decentralised lending protocol built on Coinbase’s Base network.
Borrowers can determine their interest costs and repayment dates upfront, while the existing Morpho Blue-based loans continue to use rates that fluctuate with market conditions.
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