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Coinbase users can now borrow USDC against bitcoin at a fixed rate
Published Source: CoinDeskRead original
Crypto Insight Summary: Coinbase now allows users to borrow the USDC stablecoin against their bitcoin at a fixed interest rate and repayment date. Crypto Insight Analysis: Direction: Bullish COIN Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Increases Coinbase's product offerings and revenue potential.