Coinbase
@coinbase
Bitcoin-backed loans on @morpho crossed $0.5B+ in collateral. Total loan originations grew $100M → $300M+ in just a month. In other words, the DeFi mullet is going vertical on @base.
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Coinbase
@coinbase
DeFi mullet: A user-friendly frontend powered by a DeFi backend. So you can seamlessly leverage the power of onchain finance without needing to know the tech behind it. Get started: https://www.coinbase.com/loans
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Stuart
@olystuart
Where does the usd capital for the loans come from, is it just Coinbase treasury?
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