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Borrow Against Your Bitcoin at a Fixed Rate: Coinbase Expands Morpho Loans
Published Source: DecryptRead original
Crypto Insight Summary: The product lets users lock in their rate and repayment date when borrowing USDC against Bitcoin, marking the first enterprise-scale deployment of Morpho Midnight and a shift away from on-chain lending's variable-rate norm. Crypto Insight Analysis: Direction: Bullish COIN Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Expands Coinbase's lending offerings, potentially attracting more institutional users.