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Coinbase launches fixed-rate USDC loans backed by Bitcoin for stable borrowing costs.

Protocol Fundamentals
22 Sep 2026
Tokenpost
View Source
Bullish
Coinbase launches fixed-rate USDC loans backed by Bitcoin for stable borrowing costs.

Coinbase has introduced fixed-rate USDC loans backed by cbBTC on the Base blockchain via Morpho Midnight, allowing customers to borrow liquidity without selling Bitcoin. This new service offers fixed interest rates and maturity dates, providing borrowers certainty over costs compared to Coinbase's existing variable-rate loans. The loans mature monthly, and failure to repay can lead to lenders claiming the Bitcoin collateral. This expansion complements Coinbase's broader financial services, including stock trading and IPO access, with plans to support more structured credit products in the future.

Coinbase's launch of fixed-rate USDC loans backed by Bitcoin offers a new borrowing option. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Sep 23, 2026 00:45 WIB: out of 50 major cryptocurrencies, 39 rose and 10 fell today. Among notable movers, GRT gained 5.36% to Rp439 with a typical hold time of 98 days, ZIL rose 5.27% to Rp68 with a longer hold time of 132 days, and FIL increased 4.76% to Rp17,925 with a 99-day hold time. Pluang order activity shows more buying interest in these assets, especially FIL with 68% buy orders.

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