Coinbase Introduces ETH-Backed Loans Up to $1 Million

Coinbase has expanded its loan lineup with a new option that lets eligible users borrow up to 1 million dollars in USDC by putting their ETH up as collateral. The feature runs through the on‑chain lending protocol Morpho on Base and adds another layer to Coinbase’s growing set of crypto‑collateral. . . source: https://99bitcoins.com/news/altcoins/coinbase-introduces-eth-backed-loans-up-to-1-million/