BREAKING
101d 17h ago

Coinbase Expands On-Chain Lending by Accepting Ethereum (ETH) as Collateral, Enabling Up to $1 Million in USDC via Morpho Protocol

ETH

ETH/USDT

$1,930.97
+0.69%
24h Volume

$15,764,184,570.61

24h H/L

$1,937.17 / $1,835.36

Change: $101.81 (5.55%)

Long/Short
75.8%
Long: 75.8%Short: 24.2%
Funding Rate

-0.0004%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,903.05

-1.39%

Volume (24h): -

Resistance Levels
Resistance 3$2,148.57
Resistance 2$2,063.45
Resistance 1$1,976.06
Price$1,903.05
Support 1$1,889.43
Support 2$1,746.27
Support 3$1,285.50
Pivot (PP):$1,891.86
Trend:Downtrend
RSI (14):38.0

COINOTAG News reports, citing The Block, that Coinbase has broadened its on-chain lending offering to accept Ethereum (ETH) as eligible collateral as of November 20.

Qualifying customers can borrow up to $1 million in USDC without selling their crypto, with the loan underpinned by the Morpho lending protocol.

By expanding this product, Coinbase reinforces its stance on scalable, collateral-backed liquidity within the crypto ecosystem, leveraging Morpho to support larger, on-chain credit opportunities while maintaining rigorous risk controls.

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