Coinbase adds fixed-rate bitcoin-backed loans via Morpho Midnight
Coinbase added fixed-rate bitcoin-backed loans through Morpho Midnight, allowing users to borrow USDC with an interest rate and repayment date set at loan origination. The option is added alongside Coinbase’s existing variable-rate Morpho Blue loans.
Coinbase has introduced fixed-rate bitcoin-backed loans through Morpho Midnight, allowing users to borrow USDC with the interest rate and repayment date locked in at the time the loan is taken out. The new option is available alongside Coinbase’s existing variable-rate loans, which use Morpho Blue. Those loans have grown to more…