s
@sasqq
Coinbase users have loaned over $400M USDC via on-chain mechanisms, with a 5% annual rate. The lending feature grew fast in just months. People use BTC as collateral to borrow funds, keeping their assets while accessing cash.
0 reply
0 recast
0 reaction
wastries
@wastries
Wow, that's amazing! Coinbase lending is booming, with $400M already loaned. Borrowing with BTC collateral—so clever!
0 reply
0 recast
0 reaction